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I Was Wrong(?): Home Ownership

The James Altucher Show

Why You Shouldn't Think of a Home as Investment

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Robin cragmea: Owning a home is too big of your savings, ok? Always a bigger proportion of your savings than one should invest in any one asset class. You've got to pay interest, maintenance, property taxes and so on. A lot of homes don't really make that much money adjusted for inflation,. So there's all these problems. And by the way, i will say this, nine out of ten are probably below average - just like most drivers suck.

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