DL, I’m going to have to excuse myself for making a mistake on my own article. Selling a house isn’t the only way to make money off of it. You AirBnB/VRBO, use it as a daycare or other such business, etc…

However, in those cases, your house turns into a business, which is beyond the scope of homeowners.

That being said, you also made a mistake by stating, “ you don’t lose the value that you’ve gained over the years.” That’s simply not true, and the millions of homeowners who were/still are underwater after the housing collapse will attest to that.

Houses are just like cars or any other depreciating asset. You need to spend money to keep them up, and most times, it’s not the house that’s the “asset”; it’s the location of the land that the house is built on.

Remember, McDonald’s doesn’t sell burgers. It sells access to land for other people to sell burgers on. That’s where the money is. And, as I mentioned before, unless your house is a business that is dependent upon an exact location, then your house is just a financial drag in the long-term.