Housing is a topic that is close to our hearts. It would not be wrong to say that most people tend to be somewhat emotional when talking about our homes. After all, home is where the heart is.
So, being objective which means not being emotional about our homes when it comes to viewing it simply as an asset or liability is not easy for many people. Fortunately, for some reason, AK is quite emotionless when it comes to his home or so his friends have observed.
Here, we have an example of AK dishing out some objectivity on a reader’s housing situation:
Hope this email finds you well.
Thank you very much for taking your time responding to our queries in relation to giving us your honest opinion in matters of money management.
I have a “worry”.
Currently, we bought a condo and owing about $400k+ with the bank and paying our monthly mortgage still at $2000/month. Its a one bedroom small …