The rent is profit only after the loan is paid, minus property taxes, repairs, insurance, and management costs. If one isn’t living in the house then it’s not

The rent is profit only after the loan is paid, minus property taxes, repairs, insurance, and management costs. If one isn’t living in the house then it’s not a home and they aren’t a homeowner, they’re in the property management business. My point is that obtaining a mortgage on a house is not necessarily an investment, particularly if one plans on living in it. Yet I often hear from homeowners that their home was a “good investment” despite never having realized a gain on it, and never planning on selling it.