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Not an investment - more of an inflation hedge. Yes I realize that a primary home can be considered an investment. But that’s an often argued rabbit hole that
by scarface74 3y ago
Not an investment - more of an inflation hedge. Yes I realize that a primary home can be considered an investment. But that’s an often argued rabbit hole that I really don’t want to go down.
- throw9away6 3y agoIt’s a leveraged investment with a tax benefit and some government subsidy. Living in it is the tax Benefit portion.
- scarface74 3y agoIt’s not really a tax benefit for most people. 87% of taxpayers take the standard deduction. That means at most 13% of taxpayers take advantage of the homeowner’s tax deduction on interest.