"I'm going to buy this house, and then in 20 years when the roof needs replaced and the appliances are shot and the carpet is threadbare and the walls are scuffed and termites are eating the frame, I'll sell it for a 5x profit. 'Investing' in real estate, I'm such a genius." -statements made by the completely deranged
Discussion
While I do agree.
A man still needs his castle.
Choose wisely. Upkeep regularly. And learn to enjoy your work.
It is satisfying living in a nicely kept home.
You’re garden and home cannot be rugged by your landlord.
Very different from "investing" in a house.
And by the way, you can still be rugged by the landlord of the house you "own". The rent is a little cheaper, but try not paying your property taxes and see what happens.