This is a SUPER video to demonstrate how you have to be very careful when you buy a home and talk about it as an ‘investment’. It may be one of the *worst* investments you could make.
Please note that even though this video is excellent, it doesn’t talk about other very important factors like the fact that you have tied up $300,000 which cannot be invested elsewhere.
Buying a home, in certain cases, can be justified. However, it should not be made soley as a ‘great investment’. It is rarely great when you factor it all together. Especially when compared side by side with other investment options.