I never ever believed that a family home can not or should not be an investment. In fact I am suspicious of that talk. As in “don’t worry about high prices of homes I am trying to sell you because it is not an investment.” In the rear view mirror after one’s has a house free and clear it sure is comfortable to say my home is not an investment, And I am not challenging anyone in particular on this point.But while at it I will go on.If my house changes my ability to prosper especially when I am young,it is an investment and a bad one. I still feel that my personal home’could be looked at as a dormant investment tool,even though it is paid for , because it is more than suffices for shelter and there are opportunity costs associated with not spreading the value of it out into income or equity producing avenues.So it’s either a “luxury” or a bad investment in a depreciating market.IMHO
