Re:Maybe Treating Housing as an Investment Was a Colossal Mi...
by NovemberWhiskey on Monday March 06, 2023 @12:43PM
(#35044423)
If all homes increase in value by the same percentage, you generate a lot of cash by owning for a long time and then downsizing, or moving to a location which started out with cheaper property.
Or, you're going to pass on your home to your children, so it becomes part of the value of your estate. Or if you don't have any children, you can just reverse mortgage and get cash out that way.
Or, you're going to pass on your home to your children, so it becomes part of the value of your estate. Or if you don't have any children, you can just reverse mortgage and get cash out that way.