It can be an investment as well if you're playing the rental market. It's just a riskier investment because of the maintenance and if the market drops then you're stuck paying the mortgage (unless you were able to buy it outright).
It can be an investment as well if you're playing the rental market. It's just a riskier investment because of the maintenance and if the market drops then you're stuck paying the mortgage (unless you were able to buy it outright).
A house is not an investment. It is a liability. This is why banks require insurance when you take out a loan against it. It takes a lot of money to maintain a house. It takes a lot of time.