> They not investments; they're depreciating assets. How is a house a depreciating asset when home values continually rise over the long term, especially in CA

> They not investments; they're depreciating assets. How is a house a depreciating asset when home values continually rise over the long term, especially in CA? You may want them to be a depreciating asset but they are not. Real-estate ownership has arguably been one of the most secure forms investment.