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Comment by elefont2

Past performance does not guarantee future results - That is true for all investment types, including home ownership.

Home ownership does have very advantageous tax consequences in the US compared to other instruments - e.g.: deductible interest, tax breaks on capital gains.

But it also depends on your stage of life. If there is a good chance you'll just randomly move to a different city or country in the next few years, then i would not recommend buying a home.

parent elefont2 12 years ago

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