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Why do people purchase a home

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Reference no: EM133275811

PLEASE URGENT AND DETAILED!!

Why do people purchase a home?

Is the home likely to be a good investment? Explain.

What are the significant characteristics of a mortgage?

Why is the home often a better investment than renting? Under what circumstances would renting be preferred?

Why is a home a good inflation hedge? Should a home be included as an asset if its occupants aren't sure they could sell it? Explain.

Reference no: EM133275811

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