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" Yale economist and Nobel Prize winner Robert Shiller argues that, when maintenance is accounted for, a house isn’t a much better investment than any other asset class. Still, we see our first home purchase as a sign of our progress and trajectory as adults, and it is a form of forced savings. The government has bought into this (see above: National Association of Realtors), and the interest on your mortgage is tax deductible. The mortgage tax deduction is one of the costliest tax breaks in America. Another? "

Scott Galloway , The Algebra of Happiness: Finding the Equation for a Life Well Lived


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Scott Galloway quote : Yale economist and Nobel Prize winner Robert Shiller argues that, when maintenance is accounted for, a house isn’t a much better investment than any other asset class. Still, we see our first home purchase as a sign of our progress and trajectory as adults, and it is a form of forced savings. The government has bought into this (see above: National Association of Realtors), and the interest on your mortgage is tax deductible. The mortgage tax deduction is one of the costliest tax breaks in America. Another?