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The 2023 Milly Awards: Part 2
My First Million
The Consequences of Overbuilding a Forever Home
Making decisions based on the idea of a 'forever home' can lead to overspending and overbuilding, resulting in dissatisfaction with the end result. The speaker's experience of building an 8,000 square feet house with all the amenities ended in regret and financial loss when neither the speaker nor their ex-wife wanted to keep the house after a divorce, leading to a 30% loss when selling it.
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