Tela Network

New Post: Presidential Tweet Mode https://www.linkedin.com/posts/stjohnpiano_at-solidi-in-preparation-for-international-activity-7334138828607139840-WdYX Mood music: Just Like You Imagined, by Nine Inch Nails https://www.youtube.com/watch?v=6P_YISMJ4sQ Excerpt from Housing Is Both a Product and an Investment, by Michael Magoon https://substack.com/home/post/p-136980783 Housing is unusual because it is both a consumer product and an investment. Most products that you buy on the market depreciate rapidly after the initial purchase. This makes them extremely poor investments. When a person buys a home, however, they are not only purchasing a place to live. They are also purchasing an investment that can potentially accrue more value over time. For many homeowners, their house is their most substantial investment. ... This places the financial interests of homeowners in direct conflict with those who do not own homes.