property

YOUR HOME IS NOT AN ASSET

YOUR HOME IS NOT AN ASSET

I had an Australian friend visit me over the weekend who is thinking about buying a property in Melbourne. He was intrigued to hear why I didn't think this was a sensible thing to do with his money. It's also a question I have had a couple of times on recent webinars that I have done so I thought I would address why your home isn't an asset more fully.