It is a good time to think about the difference between a house and a home. Think about this - The news is bombarding us with bad news about the "housing" sector and the "housing" market, not the "home-ing" sector or "home-ing" market. Because of wild speculation in the housing market in the past several years, the value of owning a house has become suspect. Buyers are afraid to risk their money because they don't know what return or outcome to expect. We need to think about what we are really buying.
Markets go up and down, and house prices and values vary, depending on many factors. However, a REAL home consists of more than lumber, nails, cement, appliances, and bricks. It is a place to relax and be yourself, raise your children, stay out of the rain and snow, entertain your friends, do a crossword puzzle, be safe at night, watch a movie, exercise, cook dinner...Well, you get the idea. It's great to invest in a house, but it is even better to invest in a home.
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