The housing and mortgage industries do a remarkable job convincing the masses that home ownership is one of the best investments a person can make. Decades of advertisements have left most Americans daydreaming about owning a home, though few understand the long-term financial implications that come with the responsibility.
You have undoubtedly heard over the years that buying a house is a wise financial investment…the first sign of progress or moving up in the world. In some cases, you’ve seen people going through the home-buying process on television and wished you had the means to do the same. But if you’re in your twenties..