Words
129
Reading
1 min
Listen
Play
6y
If you can't buy it twice cash, you can't afford it
Halelujah! I agree with you and I have the same mindset. A lot of people overinvest in a house thinking that they will profit when instead they are bleeding money. If you buy a house and rent it... Well that's another story! I was just watching yesterday a guy who sold his house to get rid of the mortgage realizing that now with the pandemic is not so smart to pay interest. Many will keep those cash to buy property when real estate will crash. Then, maybe then, you can speak about taking a property as an asset. When you pay a really small price for it. I liked this article, hopefully more will read it!
!ENGAGE 20
RE: Real Estate Is A Fools Investment