Hello, yes if you leverage and then the house is in long term bull trend , you could easily become millionaire if you buy one every 5 years. However bear in mind that 1) the house price dont always go up
2)the interest rate may spike to a level even interest is hard to afford
3)house is fairly illiquid asset that you may not be able to sell after 30 years.
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You are right. It is important to buy your home's in an area where people want to live.
Yes location location location