Housing Is NOT A Lousy Investment
The blog below hit it right on the nose. I highly recommend reading it. Just as he mentions, “Homeownership is more than down payment, interest rates, tax deductions, yearly appreciation, deferment of capital gains, asymetrical liquidity and divisibility of assets.” Owning a home is a lifestyle. It’s about building your dream home, painting the walls, putting in a new kitchen, floors, etc. If your home’s value increases then it’s just an added bonus.