Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3387:
JL Collins dismantles the myth of homeownership as a wise investment by outlining its hidden costs, risks, and poor returns compared to other financial vehicles. He challenges deeply held beliefs by showing how homes drain resources, limit flexibility, and often deliver subpar gains, all while being propped up by emotion and government subsidies.
Read along with the original article(s) here: https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/
Quotes to ponder:
“While the structure never appreciates in value, the land a house sits on can appreciate in value due to changes in supply and demand.”
"Imagine if our investment could somehow tie its owner to the fate of one narrow location. The risk could be enormous!"
Learn more about your ad choices. Visit megaphone.fm/adchoices
Optimal Finance Daily - Financial Independence and Money Advice