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Don’t Buy a Home for Financial Reasons: Your Home is Not an Investment
The “American Dream” is different for each of us, but there is one common thread. It has been drilled into our heads for decades that a part of the “American Dream” is to own your own home. Add in HGTV home remodel shows, Youtube videos about making money in Real Estate and historically low interest rates (driving up home prices while keeping mortgage payments down), and you have a recipe for irrational excitement around home ownership.