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And they have actually been so damaging to many individuals's financial situations that I feel like I need to resolve a few of them today. Here are the 4 myths of real estate you need to know prior to you even believe about purchasing a house. One thing I constantly speak with individuals who are about to purchase a home is, "Purchasing genuine estate is a financial investment! One day this home is going to be worth WAY more than it is now." Look, I get it.
When the truth is individuals who state things like this don't account for the invisible elements like inflation and maintenance. Yale economic expert and Nobel Laureate Robert Shiller reported that from 1890 to 1990, the return on property realty was almost ZERO after inflation. Realtors and property owners are going to flood my inbox with hate mail for saying this, but realty is the most overrated financial investment in America. https://crown-music.ru/user/grufusakjv |
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