There are two types of homes:
replyⓐ: A financial asset where you landlord yourself, always worrying about the valuation by others. Think rectiliniar greige.
ⓑ: Your home, lived in and modified to your wants and whimseys. Often over or under capitalized.
The first home we buy is usually a financial instrument type ⓐ.
If you can buck your initial programming/conditioning, you can get ⓑ with effort and luck.
Indeed it depends where you're at on the ladder. First time home buyer hoping to move up lands squarely in A if you have any sense at all. The goal of course being B when you're in deep equity after decades.
replyHow is the stone wall that's been holding up my house for over 100 years a liability? You know it's still there even when it's covered with drywall right?
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