Not an investment - more of an inflation hedge. Yes I realize that a primary hom... | Hacker News

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scarface74 on May 11, 2023 | parent | context | favorite | on: Microsoft Freezes Salaries for 2023

Not an investment - more of an inflation hedge. Yes I realize that a primary home can be considered an investment. But that’s an often argued rabbit hole that I really don’t want to go down.

throw9away6 on May 11, 2023 [–]

It’s a leveraged investment with a tax benefit and some government subsidy. Living in it is the tax Benefit portion.

scarface74 on May 11, 2023 | [–]

It’s not really a tax benefit for most people.

87% of taxpayers take the standard deduction. That means at most 13% of taxpayers take advantage of the homeowner’s tax deduction on interest.

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