Re: Owning a house.
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This is a huge misconception and is entirely untrue.
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definitely interested on hearing why this is untrue. the quality of life part is obviously intangible, so your assertion must be that if I buy my apt today at X, spend Y on upgrading it then I won't be able to sell it tomorrow for >= X + Y, assuming X is a fair market rate.
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It's pretty widely held that you almost never get back 100% of what you invest in improvements, in some cases much less than half of what you invest. You do benefit from a better quality of life, and that can make improvements very worthwhile. But don't think of them as financially great investments.
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