Nick, thanks for reading and leaving a comment. The rate of return on equity in a primary residence is typically quite low, even negative, once all costs are considered. It is like a forced savings account, which is helpful for some people, but enterprising investors could buy a smaller house and learn to invest the difference to build more wealth faster. That would be more sophisticated, in my view. The average homeowner has 60% of their net worth tied up in home equity, earning a very low return.