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To: aMorePerfectUnion
My personal home has no cash flow coming into my pocket. It is a drain

Well, that could be. I clearly never said that owning a home would result in "cash flow" into anyone's pockets, either. I simply suggested that owning a home (or homes in your own example) is a great investment, and one that most millennials aren't taking advantage of, because they're off chasing new age mirages like crypto. If you'd like to debate that then fine, otherwise it looks like your own admitted investment into housing is actually making my case. Thanks.

33 posted on 01/22/2022 8:42:43 AM PST by Golden Eagle (What's in YOUR injection?)
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To: Golden Eagle

No reason to debate. It’s simple

Real estate you use takes money out of your pocket and is a use-asset that isn’t an investment. Nothing wrong with wanting to own your home - though if you believe you own it ,try not paying the taxes!

Real estate you own and rent for more than you pay is an investment asset.


36 posted on 01/22/2022 9:50:43 AM PST by aMorePerfectUnion (Fraud vitiates everything ᡕᠵ᠊ᡃ࡚ࠢ࠘ ⸝່ࠡࠣ᠊߯᠆ࠣ࠘ᡁࠣ࠘᠊᠊ࠢ࠘𐡏⁻ )
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