> I hear advice from the older generation that “buying a house is an investment”. [...] With all due respect, this is a crock of shit.
I was lucky that my dad (an economist) told me that houses are lousy investments. It's been true for me. I've lived in serial houses that I've owned, and toting things up over the years, they've been a lousy investment.
I was lucky that my dad (an economist) told me that houses are lousy investments. It's been true for me. I've lived in serial houses that I've owned, and toting things up over the years, they've been a lousy investment.