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I'm not saying you can't make money by buying and selling houses, but the average person's home is not an investment.
by John23832 10y ago
I'm not saying you can't make money by buying and selling houses, but the average person's home is not an investment.
- tormeh 10y agoWell, it is if you plan to sell it and move to a cheaper place once you retire, using the profit to fund part of your retirement. That's well inside the definition of retirement saving.
- John23832 10y agoUsing a layman's definition, yes. However, strictly speaking, the average person's home is not an investment.