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Was My House My Worst Investment??
I recently read this article “Why Your House is a Terrible Investment” by JL Collins and it really (and I mean reeeeeally) got me thinking I know it is an unpopular question here in Aotearoa, where everyone believes real estate is the ONLY way to build wealth (to be fair, this isn’t just a Kiwi mindset! It seems to be a ubiquitous belief throughout the western world.) But not one to shy away from my money mistakes I thought it was one worth asking. Even with high interest rates and ridiculously high (still) house prices us kiwis are relentlessly desperate to get on the property ladder. No matter how much…