Do most homeowners purchase their home because they need a place to live or because they feel that a home is a good investment? I'm not talking about an investment property but their primary residence. I think most of us are kidding ourselves when we buy a home primarily as an investment. When we purchase a home it is generally about lifestyle and making a house a home. So why do we whine when the market softens? After all, we still need a place to live and even if the investment side of things is not working out as expected, we can still enjoy the benefits of home. Now, if you are selling your home and the market has not supported your investment, that is a whole other story. Nobody wants to lose money but I suppose your motivation to sell can only be determined by one person. You!
Hang in there folks..... this is long, up and down road but always remember (especially with the current market) that this to shall pass but at least you still have a place to lay your head down at night, a place to raise your family and in general, a place that you can call home. Investments will always be somewhat speculative but the benefits of having a place to call your own is an amazing feeling. Let's stop the whining and remember that the glass is always half full when you own your own piece of the American Dream.
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