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4 votes
The combination of rising property value and the gradual paying off of the home loan creates value in the property, or:

1 Answer

3 votes
Or Equity

By doing that you basically make an investment for yourself which technically increase your Equity.

The same principal apply if you buy, let's say a gold. If the gold increase in value, it mean that your Equity is increased
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User Mayur Satav
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