Yes very good. That does nothing to change how much money you have in day to day life though (actually would reduce it even further via property taxes), which brings me back to the first thing I said: the term house poor exists for a reason
Well sure, but it's delayed gratification. Building networth by profiting on other peoples money you've leveraged is a great way to get ahead...eventually. It can be pretty painful for those first 5 years though, but the payoff can be life changing.
Plus the whole time you get to live in a really nice house, so there are two huge upsides to counterbalance all the downsides.
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u/worthlesscatman Mar 01 '25
A home is an investment and typically appreciates in value.