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Homeownership No Longer a Wealth Guarantee | San Jose News
Homeownership is no longer seen as the surefire wealth builder it once was, especially for younger buyers. With home prices skyrocketing and wages lagging, the financial burden of taxes, insurance, and upkeep is crushing many. Less than a quarter of Americans under forty view it as a “very good” investment — a stark drop from older generations. While some still find stability and long-term value in owning, the dream now feels more like a financial trap for many, as homes lose value on a scale not seen in over a decade. The old myth of houses as automatic wealth generators is crumbling — and…
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