Is Buying a House a Terrible Investment? Grant Cardone Sparks Debate

Las Vegas, NV – May 20, 2025 – A recent podcast episode featuring self-help and real estate expert Grant Cardone has sparked debate regarding the financial wisdom of homeownership. Cardone, known for his outspoken views, asserts that buying a house is a "terrible investment." His main arguments center on the lack of cash flow generated by a primary residence, limited tax write-offs, and persistent expenses such as property taxes and insurance. "It doesn't cash flow," Cardone stated, "You don't get big tax write-offs." He contrasts this with the potential of rental properties or other real estate investments that can provide consistent monthly income. However, financial advisors often point out the benefits of homeownership, including building equity and potential long-term appreciation. The debate highlights the complexities of financial planning and the importance of considering individual circumstances before making significant investment decisions. The discussion continues online, with many weighing in on the merits of Cardone’s bold claims.

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