We are in uncertain times. My grandparent’s generation, those of the Great Depression lived through hard times. This uncertainty will impact us all and impact our homes in the short term. So much has happened in the last six weeks that I have really held back before prognosticating. What I will say is that social-cultural attitudes toward our homes need change. Our homes are not a microwave money machine.
Our greatest teachers from the Great Depression treated the investment into their primary residence as a crock pot. For those that have positioned themselves financially for times like these will do well. For those that are looking for the quick fix and 20-30% returns will again be left behind.
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