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Real Estate
Reply to "43% of home purchases are all cash"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't understand why people are bragging about paying off their homes. That is one of the least advantageous ways to invest your money.[/quote] Having a paid for house with enough land to feed ones family is a lesson learned by my family during the 1930's. YMMV. Not every decision should be based on maximizing ones investment potential. [/quote] There's investment potential and diversification. If all or most of your savings is in your house, you are very vulnerable to the next real estate crash. [/quote] Or you live in a house that is underwater. [/quote]
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