Jay Parsons: Buying a house should be based on desire, not as a primary financial investment

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Home purchase choice over investment focus

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Yaroslav Dmytrenko

3 hours ago

Jay Parsons: Buying a house should be based on desire, not as a primary financial investment — Home purchase choice over investment focus

Jay Parsons advised that individuals should purchase a home because they want to, rather than considering it primarily as a financial investment.

Parsons also credited Aziz for applying a more sophisticated methodology to the rent versus own discussion than is typically used.

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Parsons has previously examined the impact of the Low Income Housing Tax Credit as it reached its 40th anniversary. He also reported on continued low levels of apartment construction driven by scarce equity and rising costs. These topics remain central to ongoing discussions about housing affordability and availability.

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