Poll

What do you think about a house? Would you consider it an asset or a liability?

Asset
Liability
Both
None of which
I don't know

Author Topic: What do you think about a house? Would you consider it an asset or a liability?  (Read 493 times)

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IntraLover

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Would you consider a house an asset or a liability?

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serialflakes

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Since it takes money out of my pocket, I consider it a liability - property taxes, repairs and  maintenance, heating and cooling of home, mowing the backyard, etc...
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entrepreneura

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Depende. if you live in the house or you make it like rental property  then it could be an asset.

Living in the house would allow you to save money since you dont have to pay for rent. So in effect, asset na din sya.

But anything that makes money out of your pocket should be regarded as liability. tama si serialflakes doon. it's just a matter of how you deal with the situation.

WorldPerksPH

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Since it takes money out of my pocket, I consider it a liability - property taxes, repairs and  maintenance, heating and cooling of home, mowing the backyard, etc...

Yes if this is the case, then it's a total liability nga. pero bakit marami nagsasabi asset sya?

serialflakes

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Since it takes money out of my pocket, I consider it a liability - property taxes, repairs and  maintenance, heating and cooling of home, mowing the backyard, etc...

Yes if this is the case, then it's a total liability nga. pero bakit marami nagsasabi asset sya?

Dahil na din siguro pag tumanda ka pwede mo ipamana sa anak/apo mo o kaya kapag dun ka bumili ng lupa sa prime location pwede mo sya maibenta ng mas malaki/

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