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Originally Posted by rivaridger1
This a very interesting thread. Frankly my wife and I have never looked at any house we have owned as an " investment ". An investment can be guaranteed like a CD and appreciate at 1.5 % or so a year, or speculative such as stocks with significant ups and downs. You do not use " investments to take a shower in, park your car in, watch TV and go to bed. Housing is of use and if not maintained generally depreciates. When it is sold, if you are fortunate, it might be worth more money. We have just purchased our last house and expect to be carried out of it feet first. Before that happens though it will be thoroughly used and enjoyed. Our estate will not care one way or the other what it is worth at that time , other then to change this particular asset into cash so it can be distributed to our heirs.
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We have always viewed the home, the real estate we lived in as an investment. Husband worked for a company that moved people around a lot. It was important to buy and to be able to sell when the time came to move and to recover the money we had in the home and hopefully gain some bucks too. We still look at our home not only as a home but as a wise place to invest our money. Old habits die hard.