Ep #198 - Should You View Your House As An Investment?

We dedicated this week's episode of Grow Money Business to answering an age-old question: Should you view your house as 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. [03.22] Equity – Grant starts the conversation by explaining how you can build equity by considering your house as an investment. [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 irs.gov/taxtopics/tc701