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Is Your House an Expense or an Investment?

house on top of moneyMany homeowners consider their homes as good investments. But, some people from the Nasdaq website don’t seem to agree to this notion.

In an article entitled 5 Money Myths That Are Financial Nonsense, it is stated that a house should be seen at as an expense rather than an investment. It is argued that considering all the costs attached to owning a house, one can hardly expect returns from it. However, putting financial matters aside, owning a house may be considered as a good investment to one’s general well-being as long as the building is well-kept and comfortable to live in.
photo by: 401(K) 2013

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