I've heard it too. 'Your house is an investment.' Eh. I don't really think so.
There are some instances in which your house can be considered an investment, but I don't see too many people follow-through on this strategy. Because when it gets down to brass tacks, people end-up using the 'investment return' to simply buy more home.
To me, this is much different than calling an engagement ring an investment. An investment isn't necessarily that holds value. An investment is only an investment because when it's sold. If you buy something with no intent to sell it, is it really an investment? Arguably. But I don't think it is.
All of this being said, I do believe that buying a home can be considered a retirement planning strategy, in a very strange way.
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