Re: Owning a house.
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Results oriented-thinking about the short-term. Long-term houses appreciate at almost exactly the rate of inflation. And there are costs that go along with this (interest, taxes, maintenance, etc). Sure, you are leveraged so that can help, but it is often a much better idea to put that money elsewhere and rent.
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you may not like the occasional headaches that go along w/ owning but it's hard to argue w/ the numbers.
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It's also a quality of life issue. Owning your own home is almost always an upgrade to your quality of life.
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