We dedicated this week’s episode of Grow Money Business to answering an age-old question: should you consider your house an investment? Join us as we dive into the arguments for and against this consideration, as well as some specific circumstances in which you should or shouldn’t consider your house an investment.
Show Notes
[03:22] Equity – Grant starts the conversation by discussing home equity.
[08:20] Budget & Savings – We dive into why we shouldn’t confuse a housing budget with investment savings.
[13:40] Is This Right for You? – Real estate investments are not for everyone. Grant shares some important considerations when deciding if this is right for you.
[17:33] Foundation – Grant discusses what might be the best decision regarding house investments based on your background.
[22:40] Affordability – Grant explains the current condition of the housing market.
Resources
Experts say you shouldn’t consider your home an investment, but I disagree for 5 reasons
businessinsider.com/personal-finance/reasons-consider-home-an-investment-2021-11
Is a primary home an investment or just a predictable place to live?
themortgagereports.com/49267/is-a-primary-home-an-investment
Topic No. 701, Sale of Your Home