/biz/ - Business & Finance

>>52942020
It's a depreciating asset actually.

>>52942020
congrats, you did better than anyone with money in stocks/crypto the past year

>>52942020
Your primary residence isn’t really an investment because it’s a necessity. If housing spikes, you can’t really capture gains, because you have to buy another house at the same spike

>>52942020
I've never met a rich person who considers their primary residence as an investment. This is literally a poorfag middle class at best cope. Lmao.

>t. Accountant

>>52943610
>What is a cash-out refinance

>>52942173
House prices are essentially flat against gold it's the people that are getting poorer and poorer.
You need to maintain and repair houses, and eventually houses inevitably come into disrepair.
The land is a different story however.

>>52943641
… a very bad idea. You shouldn’t use your house as collateral for arbitrage. That’s something only a very poor and desperate person would do, and we on /biz/ are highly successful and rich

>>52942020
>my mortgage is my biggest investment

Big difference

>>52942020
Snorkelers

>>52942173
Earn it

>>52943584
Feast

>>52943610
Bark

>>52943628
Woof

>>52943641
Meow

>>52943644
Quack

>>52943686
Seed

>>52943698
Yes

>>52942020
>my piss jugs are my biggest investment