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Owning Your Own Home Is Better Than Nothing
Owning your own home is better than nothing. Most people work all their lives paying for a home they never own. I still had friends who owe a million dollars for a home that will to day sell for only 700 thousand. The greatest losses of all are those for missed opportunities. If all your money is tied up in your house, you may be forced to work harder because your money continues blowing out of the expense column instead of adding to the asset column.