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Old Posted Jan 24, 2023, 9:41 PM
jmecklenborg jmecklenborg is offline
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Join Date: Jul 2003
Posts: 3,166
Quote:
Originally Posted by iheartthed View Post
I don't even think home ownership has historically been a good way to build wealth. 401k programs are probably a more effective tool for that purpose.
You have to rent out spare bedrooms if you want to actually make money from an owner-occupied SFH, and most people don't do that unless they really need the money. I rented one or two bedrooms in the house I own for a period of 7 years with a few 2-3 month pauses between tenants, who were typically coworkers.
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