Buying a home that you will utilize one, will not depreciate (although it's very leaky, there is property tax and maintenance cost) and two is an investment in your future. Investment is about getting more money. It's about a future return on that investment. Most of the time that means more money, but not always. Some things return your time for instance. Like a riding mower.... It will depreciate, sure but it is an investment. It will save you more in time than it cost you in past monetary units.