Is Homeownership Still The American Dream?: Financial Freedom, #166
By Joshua King
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About this ebook
The original American Dream wasn't about owning stuff; it was about class mobility. In one generation, a family could go from broke to rich.
Due to capitalism and leveraged markets, the American Dream morphed into owning big homes and fancy cars.
With that, we divided our strongest tools against the capitalist—our families. No one can truly defeat a strong family.
Owning a home will no longer be an individual sport; we can only do it as a team. We must sacrifice some space to make our finances make sense.
We can overcome this hyper-inflated market by going back to our roots. Multi-generational households are still the norm overseas. We must return to form. Good Luck!
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Is Homeownership Still The American Dream? - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Is Homeownership Still The American Dream?
All Right Reserved Military Family Investing | 01 Is Homeownership Still The American Dream?
02 Living on $3,000/month in San Diego, California
03 Are You Ready to Become a Landlord?
04 Five Steps to (Financially) Running a Household
05 The True Costs of Owning a Home
06 Home Equity Loans vs. Interest Rates
07 Turn a Reverse Mortgage into an Income Investing Portfolio
08 The American Dream Costs $5 Million
09 The American Dream is Passive Income
10 The Value of Owning a Home
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
Is Homeownership Still The American Dream?
01 Is Homeownership Still The American Dream?
02 Living on $3,000/month in San Diego, California
03 Are You Ready to Become a Landlord?
04 Five Steps to (Financially) Running a Household
05 The True Costs of Owning a Home
06 Home Equity Loans vs. Interest Rates
07 Turn a Reverse Mortgage into an Income Investing Portfolio
08 The American Dream Costs $5 Million
09 The American Dream is Passive Income
10 The Value of Owning a Home
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Is Homeownership Still The American Dream?
I detest paying rent to someone else. Currently, I am renting a room as I finish the last month of my military career.
I am paying $800 monthly in San Diego as my family awaits my return to Florida. I feel many negative emotions every time I pay rent on the first.
I am a landlord by nature, not a renter. But I wasn’t always this way. By renting homes and having no control, I slowly converted to the dark side of being a landlord.
RE Lifestyles 1: Rental vs. REITs
People are telling you to rent. The new mantra online is to become a renter and stay a renter. People, this is hogwash.
You are almost guaranteed never to get ahead financially if you don’t own a home. You simply have zero control of your life if someone keeps raising the rent yearly.
A lot of the conversation concerns the hidden costs of owning a home—they are absolutely correct. Homeowners are barely breaking even or losing money annually compared to renters.
However, with some financial sophistication, homeowners will pull ahead massively. They will have many more options later in life, such as home equity loans, cash-out refinance, down-sizing or reverse mortgages.
Don’t Gamble with Retirement 3 + 4
What is the American Dream anyways? The original American Dream wasn’t about owning stuff; it was about class mobility.
People migrated to America because they could change their destiny, and their kid’s future, in one