/biz/ - Business & Finance

When did you realize houses are a liability and not an asset?

You have to deal with insurance, taxes, maintenance, utilities, mortgage (if you didn't pay fully in cash) and the fact you're locked down in one location.

It just seems like one huge headache with very little benefit, since you can easily have this money invested somewhere else that makes you way more money.

Seems to me that houses are just another midwit "investment".