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Buying a house to put a roof over your head is not investing. Just like buying a bottle of water to quench your thirst is not investing.
by carlosjobim 1y ago
Buying a house to put a roof over your head is not investing. Just like buying a bottle of water to quench your thirst is not investing.
- whywhywhywhy 1y agoIf it’s not investing why is my net worth rising after buying a house. Analogy is nonsense because you can’t sell the full bottle of water to someone else after drinking it.
- carlosjobim 1y ago> If it’s not investing why is my net worth rising after buying a house. Because of inflation. Your house is not producing any goods or services, as opposed to investments into the capitalist economy or taxes to the socialist economy.
- whywhywhywhy 1y agoActually the neighborhood got gentrified.