P2P

House not an investment?

I found this post quite interesting. I’ve never thought about the fact that a house was not an investment. I always assumed it would be ok for us to work into one of those luxury homes because it was an investment.  But according to their thinkings, unless you plan to actually sell it and make money off of it, it’s not really an investment.

I’m not sure if I agree because they are saying it’s not an investment if you don’t plan to sell but if you don’t ever sell, then that means whoever inherits that benefits from it.  To me, that’s investment either way.  Maybe not in government, tax talk but still, I don’t think it’s a bad way to spend your money.