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Long-term Unsustainability of Purchasing Houses Purely for Return
We teach that your house is an investment - it has properties that reduce your cost of living indoors over time (like appreciation of house value and depreciation of borrowed debt).
However, when we see houses purchased as investments at all time highs it means speculation is at play and more and more houses are being purchased purely for RETURN.
This is long-term unsustainable.
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