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Zachnorn
04/30/21 5:28:27 PM
#250:


Maybe it's because I'm in a high cost area and my stable, unionized, safe job keeps me here, but I also think about the value of homeownership.

I see owning a home as being a way to be able to afford to live. At least while I'm in an area where the median rent is $1,952 for a one bedroom apartment, the concept of owning a home by retirement seems like a good retirement investment as well. Yes, the net worth is tied up in real estate that's not providing income. But at least you're not having to spend thousands per month for rent.

And even if you move, your old property can be an investment property or you can sell it.

I don't know, I think real estate and housing is so overlooked when it comes to talking about retirement.

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