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^to hoard all the junk lmao.
Seriously though, to provide your children with more wealth when you pass it down. Or even if you don't have children, you will retain more $$$ when you are in your elderly ages, and you can downgrade to a condo and use the extra $ for what you need.
My parents realized that the condo that they bought back in mid 2000s (was around 230k at the time) is only worth 370k-400k recently, meanwhile a house that they could had bought in East Van at the time (420k) was just sold for 1.7m at the end of 2020. Thankfully they bought a couple years ago, the mortgage has been stressful and they don't have a lot of extra $ to spend on themselves, but that goes for a lot of immigrant families.
And to all the car enthusiast on here, who doesn't wish you can park multiple cars in your own garage and on your own driveaway, and best of all, wash and detail your cars on your driveaway as well
Last edited by is350; 03-06-2021 at 02:36 PM.
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