Many people believe their primary residence is their best investment—but is that really true? In this episode of The Personal Finance Project, we challenge common assumptions about homeownership and financial returns. Scott and Greg break down: How most homeowners calculate their "return" incorrectly Why annualized returns matter more than big round numbers The hidden costs of owning a home—maintenance, property taxes, mortgage interest, and renovations How tax deductions really work after the 2017 code changes Why upgrades like kitchens and bathrooms rarely "pay for themselves" The difference between real estate as a lifestyle choice versus as an investment asset How to think about your home in the context of your overall portfolio (yes, it may already be your "alternative investment") We also touch on rent vs. buy, forced savings through mortgages, and why homeownership can still be valuable—even if it's not the wealth-building vehicle many think it is. Listen now to learn how to view your home with the right financial lens—without losing sight of the American dream.

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