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Stop. Chasing. Money.
Why Single Women owning homes is a TRAP
Leviticus Rich

Why Single Women owning homes is a TRAP

More single women own houses than single men! Hooray! But is this really the win you think it is or is it a trap? While the reason men might underperform in this area could be for a variety of reasons (such as not having the desire to live up to an outdated ideal of the American dream or perhaps not seeing so much space as financially sound without a family) there’s a bigger question to ask? Is it even worth it to buy a house in most areas? The reality is that while buying a house CAN be a fantastic tool for financial advancement, there are also many other ways to increase your income and net worth that require significantly less money and time. When you buy a house, you need to save for a down payment, take time to search for a house, and if the house isn’t primarily for investment purposes, it’ll takes years to see the equity by financially worth while (because not all houses will appreciate quickly or even at all). Selling your house isn’t always a great strategy either because it does cost money to sell your property (in the form of agent commissions and making a house market ready). Plus, in tough markets, your house might not sell quickly unless you reduce the price too much. At the end of the day, TIME is a major asset that you can’t recoup. And saying money to buy a house 2-5 years later when you could invest in yourself today, might genuinely be a terrible financial investment. I’m a real estate agent. But I’m also extremely honest. If you ever have any real estate-related questions, send me a DM. I’m always happy to answer your questions. #homeownershipgoals #homeownertips #interestrates #realestateinvesting101 #singlewomenhomeowners #singlewomen #singlewomanlife #singlewomendating
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