If you’re in the wealth accumulation phase of your life, I think buying a home is a terrible decision (in most cases). Prove me wrong. Seriously. I’m not being rhetorical. I want to see if there’s math that says otherwise.
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Buying these for emotional reasons is great. Be happy. But so many justify it financially. And I don’t get that.
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Replying to @theSamParr
Humans justify everything they do on purpose as a win. Homes to live in are terrible investments. I know because I live in one.
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Replying to @SeekMastery @theSamParr
They’re not maximum return/producing. But they are well on the efficient frontier during wealth accumulation phase. John D Rockefeller was always a homeowner.
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Replying to @elementko1 @SeekMastery
Yes. But did he justify it financially? He was the richest person in America by 32. Again, I’m not saying don’t buy. Just saying as an investment, seems unwise
9:35 PM - 7 Aug 2020
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