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wrote in message oups.com... NOYB wrote: wrote in message ups.com... NOYB wrote: Chuck is the first person that I've heard say that a home in a rapidly appreciating real estate market is *not* a good investment. **************************** I'm seriously surprised. Your house is a house. It's not an investment. Sky high and soaring housing prices are only a good thing if you own other real estate in addition to your primary home. You can have your home, (which you need), or the money tied up in it, but not both. When you cash out an "investment" your options in life should increase substantially. When you cash out your house, you get to live in a yurt. But a really, really nice yurt. Of course, I could retire to Snellville, buy an entire trailer park, and still put a million in my pocket. Really? How many "trailer parks" are there in Snellville, GA? Do you want the answer? Besides yours? |
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