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Home Values

Sunday, 2 February 2020

For families with children, their home and car have for the past century been our their most expensive debt. (investment). For people under 30, education is their greatest debt.  

By the time we reach 50 we rarely own our first home or car, and we might no longer benefit from our education investment. (So why is it called an investment). 

Ants, badgers, birds, bees, spiders and wasps all build homes, bite by bite, thread by thread, stick by stick, spitball by spitball, and in olden time, humans also built their homes rock by rock, brick by brick, log by log.

Our savings accounts grow dollar by dollar, and personal belongings accrue item by item, our portfolio share by share, dividend by dividend. 

Or friendships grow friend by friend and our social and business networks grow colleague by colleague, client by client, customer by customer. 

Our student debt grows subject by subject.

Loaning money to purchase our home forces us to purchase property by property, home by home, and then immediately limits the resources we have available for further improvement or investment.  

We then improve and refurbish our property investments with paint tin by paint tin, tile by tile, room by room, plant by plant, and purchase furniture and content item by item. 

On any given block of land a better way to accrue value and wealth would be ‘renovate’ our home into existence, room by room, brick by brick, tile by tile, window by window, door by door, 

Entrepreneurs and programmers start with an MVP,  (minimum viable product).  

If our three greatest investments could all begin, as MVP’s we might more easily, have the resources available to grow each of them, subject by subject, room by room, upgrade by upgrade. 

It requires a change in our thinking. 

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