Old Man Jingles
Rat out of a cage
I had the hardest time convincing my wife of this as the Real Estate propaganda machine churns out lies to get the low-IQ people to spend as much on a house as possible.A home as a wealth building tool is generally a terrible plan. Unless you plan on borrowing against the equity.
I 'made us' live within our means and didn't buy a 'nice house' until I was 45 years old ... by then, we were millionaires and my wife had no clue.
A house is not an investment but it is a life style choice.
Now we have 8 acres on a creek outside Atlanta and a nice house and a house in the mountains and one close to the Gulf and all are paid off ... all because we lived well below our means in our first 25 years of marriage.