Homebuying 101: Is Your Home an Investment?
A lot of young people always ask me, ‘How do I buy my own home?’ And my first question is like, ‘Why do you want to do that?’ And generally, I think they think #1, it’s cool to own your own home, you can do whatever you want to it! You’re the boss, you don’t have a landlord! But #2, they always say ‘Well, it’s always an investment, right? It’s a good investment.’ And that’s not necessarily true.