The New Rules of Generational Wealth: Why Buying a ‘Money Pit’ at 30 Beats Waiting for the Perfect Home at 40
When Amanda and Vincent DeRise went to view a 140-year-old Victorian home for sale in Atlantic Highlands, NJ, their real estate agent didn’t mince words: It was a “money pit.” But the DeRises saw a way into the wealth engine that has defined middle-class America for generations. While it’s no secret that homeownership builds wealth…