Home equity loans as a way to finance a vacation
Many banks pitch home equity loans as a way to finance a vacation. Is using the equity in one's house to finance a vacation a good investment decision? Why or why or not?
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Buying a home is not about return on investment. It is about family or household security, opportunity, and other irreplaceable intangibles. As a person who understands the meaning of investment, how would you answer this assertion?
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Raw land at the edge of urban development that lacks the necessary permits for development is, in general, the most risky kind of real estate investment. Defend or refute this assertion.
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