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Updated almost 7 years ago on . Most recent reply
What % of your net worth should your primary residence represent?
Hello All!
What % of your net worth do you think your primary residence should be?
Interested to hear everyones differing opinions!
I am located in NJ where housing is EXPENSIVE!
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- Lake Oswego OR Summerlin, NV
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for many it is their net worth...
you have vary schools of thought.. IE a primary home is not necessary you should rent all your life and just buy rental properties.
others say your primary home is your base that you keep out of business.. and there is just intangables about owning a nice home to live in that can't be measured in dollars and cents.
then you have the high apprecating markets were home owner ship and section 129 exclusion for owner occ is one of the great wealth builders in america..
- Jay Hinrichs
- Podcast Guest on Show #222
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