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Pieter Levels

7 Jun 2019, 10:47

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Buying a house is a cultural narrative sold by banks to peddle mortgages to people not educated in finance buying houses in irrational mental states.

People make giant financial decisions while statistically there's better ways to invest which outperform home ownership. https://t.co/jzg705NdvB
Pieter Levels ✨
The person who bought the $150,000 condo did a good job, and is lucky. Lots of people aren't so lucky. In fact, most home owner will see a price increase, but if we adjust it for inflation and markets, they usually UNDERPERFORM the S&P500 or similar markets. https://t.co/VCfNsswcoB
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