I completely disagree that a home is not an investment. In fact 80 percent of the net worth for average Americans is their home. Mostly because it is a forced savings plan. In theory it would be awesome if everyone saved and invested, but they do not.

One of the biggest advantages of owning a home is being able to buy below market value. If people are disciplined to save and invest, they should be able to take the time to get an awesome deal. If you live in a home for two years, you will most likely be able to sell it tax free in the US. That is an amazing advantage that no other asset has.

The bank is an amazing tool to allow people to buy a very expensive home without much money. When you buy below market value, you are ahead of the game as soon as you sign the closing docs.