So, in the last installment, the author advises us to "make thy home a profitable investment." Why is this a good idea?
It should be obvious that when a person owns a home, he is not paying money for rent which is, in a sense, money wasted. All money which is paid in rent goes to a third party and the tenant is not getting anything in return for the rent (aside from the obvious, of course, that the tenant gets a roof over his head). However, when a person owns his own home, the money is set aside for investment and the purchaser gets the benefit of an investment along with that of a roof. Most people in America cannot afford to purchase a house outright, but even so, the money paid towards the mortgage is money which is paid towards the future acquisition of the house so, in the end, there is a direct benefit.
It should be obvious that when a person owns a home, he is not paying money for rent which is, in a sense, money wasted. All money which is paid in rent goes to a third party and the tenant is not getting anything in return for the rent (aside from the obvious, of course, that the tenant gets a roof over his head). However, when a person owns his own home, the money is set aside for investment and the purchaser gets the benefit of an investment along with that of a roof. Most people in America cannot afford to purchase a house outright, but even so, the money paid towards the mortgage is money which is paid towards the future acquisition of the house so, in the end, there is a direct benefit.
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AS PER THE LAWS OF THE UNITED STATES OF AMERICA.
----------à>>>>>>>>>>>>>>>gene
tausk
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