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No, a house is NOT an investment. It's a place of habitation. Speculation may make its value go up, but likewise it may make it go down.<br> <br> How's a house different from an used car? It certainly can't be just because a house gets old more slowyly.<br> <br> And it cannot be forgotten that the financial service of a house is higher than a car's even in relative terms, including utilities, insurance, taxes and interest.
By Augustine
