In the United States, maybe, but this is not true everywhere. In Japan, for instance, houses are treated more as depreciating assets like cars. You can buy a b

In the United States, maybe, but this is not true everywhere. In Japan, for instance, houses are treated more as depreciating assets like cars. You can buy a brand new 4 Bedroom house in a nice part of Tokyo for ~$300,000, but don't expect to make money on the deal.