I count my house as a liability. On my spreadsheet, I include the loan balance that we owe. I do not include the equity that we have. I also do not include the home's value in any retirement planning.
It is expensive to own and maintain a home: taxes, insurance, utilities, maintenance, repairs, furnishings, etc. A home is an expense.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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