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No. of Recommendations: 2
Housing is not an investment. It's an expense. If you make money on your home, you are lucky. You can call it brains but it's luck.

A mortgage payment for some people is forced savings. Most Americans have to be forced to save.

The real scandal is mortgage qualification.

Lenders/mortgage brokers loan the amount you can painfully pay back.

The guidelines almost assure you will not be able to fund retirement and pay the mortgage.

As far homeownership hassles go, our son and DIL have had to move twice in three years because landlords decided to sell or remodel.

Renting can be a hassle, too.

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