Post
Topic
Board Economics
Re: House is a forced saving
by
palle11
on 29/10/2022, 12:33:43 UTC

but you should own a home if you want to live there a long time or think you're getting a great deal. 

Experience has shown that people don't buy houses to live there but they do that as investment for the future. They acquire it and put it on rent or lease it out and on the long run it will become something to rely on for financial support. I have witnessed this alot when the man dies in the home, the children and wife rely on the investment of the man including land and houses for survival. So it is wise to buy houses incase the future isn't as planned such house will be sold for financial support to restart the finance of the family.