When buying a house, it's common advice to treat it as an investment. To a certain extent, that's a good idea, but as some experts have pointed out, it's a little more complicated than that.
As financial blog 20 Something Finance points out, when accounting for inflation, housing prices have only grown about 35% in the last 125 years. Moreover, prices have roughly kept pace with inflation for the last 60 years, which means if you bought a home in 1970 and sold it today, you wouldn't have much more buying power than you did at the start.
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