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IPFS News Link • Housing

Financial Fridays: It's Financial Suicide To Own A House

• https://www.lewrockwell.com, By James Altucher

But every day I see more propaganda about the American Dream of owning the home.

I see codewords a $15 trillion dollar industry uses to hypnotize its religious adherents to BELIEVE.

Lay down your money, your hard work, your lives and loves and debt, and BELIEVE!

But I will qualify: if someone wants to own a home, own one. There should never be a judgment. I'm the last to judge. I've owned two homes. And lost two homes.

If were to write an autobiography called: "My life — 10 Miserable moments" owning a home would be two of them.

I will never write that book, though, because I have too many moments of pleasure. I focus on those.

But I will tell you the reasons I will never own a home again.

Maybe some of you have read this before from me. I will try to add. Or, even better, be more concise.


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