Part 2/9:
The sentiment that a house is a wise investment is often rooted in comparison; individuals mistakenly think of homeownership as a safer bet than renting. This common belief overlooks the fundamental truth: a house is essentially a debt, and it does not generate income. The desire to own a home is often driven by the fear of the expenses associated with renting, such as monthly rent payments. Yet, the basic premise is clear—a house cannot earn you money. It merely serves as a place to live.