Why a House in NOT a Good Investment

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Why a House in NOT a Good Investment

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Cardone Zone :Why a House is Not an Investment—Should you buy a house? What would you do if I told you a house is a terrible investment? Buying a house makes you lose mobility and during the last 100 years, adjusted for inflation, the average home has gone up 1%. If it doesn’t make you money don’t buy it. The U.S. Census Bureau came out with a new report showing the fastest growing cities in America with cities in the south—specifically Texas and Florida—growing at the fastest rate. You need to be in a position to be able to move where the money is.

1)Houses are a bad investment
2)Buy things that make you money
3)A house is a liability
4)You need to have the ability to move quickly to follow opportunity

I talk in black and white terms a lot, so keep in mind there are always exceptions to rules—but don’t go and buy a home!

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Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the “25 Marketing Influencers to Watch in 2017”. Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

20 Responses to Why a House in NOT a Good Investment

  1. renato muu

    Isnt bora a kitchen company ? It also got into cycling right ?

  2. swiss9495

    i hope you guys get the rug pulled from underneath you, again.

  3. Kim Ly Nguyen

    I'm asian and… I LOVE YOUR CHINESE ACCENT! <3

  4. Angel Perez

    I'm 25, nimble, a coachable human, obsessed worker, and very curious about real estate. Getting my real estate my license this week after seeing countless door knocks while delivering mail for the USPS. I'm an All American collegiate wrestler. If you ever need an extra hand, and a project trainee…lmk. I work hard for my money!

  5. Pedro Zegarra

    I think you should show the math between the two options
    1)buy a house
    2)rent and buy a investment instead of buying a house to live

  6. Fernando Nunez

    Its a long term investment. My parents will pay their houses in 10 years. Be 65. Rent them out and its all money for them. As long as my siblings dont think of selling them later on I think they set us up perfectly. But quick money. Yea that wouldnt be quick money. Took them a long time now but that was the point. For their kids. That just made them happy. And we are. We are now paying them back making sure they are well taken care of in their own retirement home.

  7. Karina OMG

    house is the see thak this new. house lnvesment?

  8. Greiguci Wootchie

    You have a $35M penthouse in Miami……….I guess the difference is, your rich lol. GC is the man who can.

  9. Tom Chen

    @grant cardone, please stop with the Asian accents. It's getting REALLY annoying

  10. Musa I of Mali

    The caller at 27:00 …I did almost the same exact thing… 160K worth of house.. and sold it for 221K.

  11. Francisco A Holguin

    I glad I didn't buy real state in Texas or Florida those huracanes will sent me to bankruptcy hahaha

  12. Tyrone Mapp

    You shouldn't own a jet bro, netjet that sucker!

  13. star

    What if i buy and lease a house??

  14. Siomi

    🤣🤣🤣🤣🤣 this guy is funny

  15. AFINO


  16. Stacey McCuien

    Wow called Alicia Keys a scank??? woooow…. smh

  17. wowza

    What a male

  18. Eric Garcia

    Dude knows gualaguala

  19. Miriam Golden

    Also they have you as a prisoner – PROPERTY TAXES JUST GO UP AND UP

  20. Meng Moua

    15:55 That Asian accent got my laughing and I'm Asian! Grant you da man!