Your Home Is An Investment. Treating It Like One?
There is a pendulum when we look at real estate. On one side is Real Estate as an Investment. On the other is Real Estate as a Home – a place to raise a family, have the pride of homeownership, etc.
In the house price frenzy of a few years ago, people looked at their home almost purely as an investment with constant growth. Many refinanced their home multiple times extracting equity to buy a lifestyle beyond their means. Many saw fantastic annual rates of return on their investment. The pendulum swung way too far. We forgot the house as a home.
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