Of course. Houses are very useful. I have one too. I'm just saying it isn't a financial investment, it's a liability that improves your life. It's just like your car, your computer and everything else.
The lesson is simply to not buy any of these things thinking they are going to be worth more in 5 years.
I think it's especially hilarious when people who only own one home refer to it as an investment.
Please Login to reply.
No replies yet.
