We currently are renting the family home, we have 2 other investment properties - one not in this country. We would like to buy the home we live in, however cannot afford to, even if we sell the other properties. This is due to the location of where we live now, very high property prices. We have money to invest so my question is would it be better to purchase 2 more investment properties and keep on renting, or liquidate all our assets and look for a property to live in. Bottom line - is it better to own your home and have no investment properties, or have no investment properties and rent your home. Also I have 3 children, and currently if we could purchase another property as an investment we would have 1 to give to each of them in later years. Any advice would be great.
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