Counterpoint: Housing is an investment, when you can own the house you live in. You are investing in owning that property for yourself so that eventually you can have a place to live without having to pay a significant part of your income to do so (i.e. after you’ve paid off your mortgage). It’s not meant to be income, it’s more part of a retirement plan.
To be clear, I am talking about someone owning the place they live in, not owning rental property.
Housing is not an investment. Housing is where humans live, and it’s better when it’s high quality and cheap.
Counterpoint: Housing is an investment, when you can own the house you live in. You are investing in owning that property for yourself so that eventually you can have a place to live without having to pay a significant part of your income to do so (i.e. after you’ve paid off your mortgage). It’s not meant to be income, it’s more part of a retirement plan.
To be clear, I am talking about someone owning the place they live in, not owning rental property.