The impact of buying a large home on reaching financial freedom

Several of my friends and family are currently looking to buy a house, or have recently bought a house. Some rented before buying their first home, others have upgraded to a larger house. Even though I am rather rational, emotion does sometimes get a hold of me. Especially when looking at real estate.

Because who doesn’t like a nice house to live in? But is living in a larger house on a bigger piece of land worth the investment? And what exactly is the impact of buying a larger home on reaching financial freedom? Let’s find out in a real-life situation.

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