Tag: home equity
Best way to look forward is to look back. A reporter recently asked me what retirement will look like in 50 years. At first, I froze. What insightful comments could I make about retirement communities on Mars? But once I took a breath, the notion of looking back 50 years and then the 50 years…
The house serves as a major savings mechanism as well as a source of shelter and security. Somebody breezed into my office last week convinced that people are making a serious mistake by investing their money in a house. She pointed to the low long-run return on the Case-Shiller house price index and concluded that…
