Interesting perspective! π π A house can be valuable, but whether it truly functions as an asset depends on how it is financed, maintained, and used. Itβs an interesting topic to think about. ππ
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According to Robert Kiyosaki, YOUR house is not an asset, it is a liability.
Assets put money into your pocket
Liabilities take money out of your pocket
To be an asset, a house has to be able to be sold. If you are living in it, it cannot be sold.