Stephen Paul Weberposted, “@jrodgers I own my house now as a lifestyle expansion choice, but I waited until I was well past FI to consider it” in reply to @ 2021-211 19:49 UTC
I have owned for 15 years, 4 houses… 2 have 2x’d in value and the 3rd was a 25% growth in value. This 4th house I don’t really care about but it is already pretty good. You have to sell them for it to work.
Right, but most people who sell a house have to buy another in the same market. You only win if you do market arbitrage or know how to remortgage *very* responsibly (sngpl.ma/t5Dz3)
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I have owned for 15 years, 4 houses… 2 have 2x’d in value and the 3rd was a 25% growth in value. This 4th house I don’t really care about but it is already pretty good. You have to sell them for it to work.
via twitter.com
Right, but most people who sell a house have to buy another in the same market. You only win if you do market arbitrage or know how to remortgage *very* responsibly (sngpl.ma/t5Dz3)
via twitter.com