Owning a house in America is a bad investment.

As an investment, owning a house in America is terrible, returning 0.4% per year from 1890 to 2004. And that’s just housing prices. Remember cost of repairs, property taxes, stress, lost time, etc. Plus, you are trapped, not free to get that new job somewhere else, and not free to be what the Epistle to the Hebrews calls “pilgrims and sojourners on the earth, looking for a better country, one whose builder and maker is God.” See this link about owning a house.

Please share this post about owning a house