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Grant Cardone Says a House Is a 'Terrible Investment': Do Fellow Experts Agree?

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Real estate mogul Grant Cardone made waves recently when he called homeownership a "terrible investment," suggesting Americans would be better off renting and putting their money elsewhere. Read
Grant Cardone, a well-known real estate investor and author, has stirred debate by declaring that buying a house is a "terrible investment." In an article on MSN, his perspective is juxtaposed with views from other financial experts. Cardone argues that homes are not good investments due to high maintenance costs, property taxes, and the lack of liquidity compared to other investment vehicles like stocks or real estate investment trusts (REITs). However, not all experts agree with him. Some counter that real estate can provide significant long-term appreciation, tax benefits, and the emotional value of homeownership. They also point out that while a primary residence might not generate income like rental properties, it offers stability and can be part of a diversified investment strategy. The article explores these differing opinions, highlighting the complexity of real estate as an investment and suggesting that the decision to buy a home should be based on individual financial goals, market conditions, and personal circumstances.

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[ https://www.msn.com/en-us/money/investment/grant-cardone-says-a-house-is-a-terrible-investment-do-fellow-experts-agree/ar-AA1BWL7q ]