Why Investing in a Home is a Smart Financial Move
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Buying a home is a huge investment – possibly the biggest one a person can make in their lifetime. But despite the significant cost and long-term commitment involved, investing in a home is widely considered a smart financial move.
Here are some reasons why:
1. Appreciation
One of the main reasons why investing in a home is a smart decision is that it tends to appreciate in value over time. According to the National Association of Realtors, in the past 50 years, home prices have consistently risen, with an average annual growth rate of 6%. By owning a home, …