It was (and remains) an investment in the sense that it allowed you to live in a... | Hacker News

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		_dps on Sept 9, 2020 \| parent \| context \| favorite \| on: The Fed now owns nearly 1/3 of all U.S. mortgages It was (and remains) an investment in the sense that it allowed you to live in a nicer place farther from work, or to commute to a job you otherwise couldn't take. But was it ever an investment as an appreciating asset per se? I'm not aware of such a situation but I'd be interested to learn otherwise.

proverbialbunny on Sept 10, 2020 [–]

Yes, buying a car was an investment as in you can buy it and then later sell it used for a higher price than you bought it.

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