People are often overpaying for a house, at the cost of owning a home.
Good point, even though I think you can have a home without owning a house.
With that being said, I'm considering buying one at some point in my life. Some years ago I wouldn't even consider that but now this idea is growing on me
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you can have a home anywhere really - it is more a mindset than a thing.
A house is still a decent store of value, if bought at an appropriate time.