From an investment viewpoint, it is a good idea to buy a large home in an area of town where homes are less expensive.

Question

Quizplus · Accepted Answer

The statement is false. As an investment, it is typically better to buy a smaller home in an area where homes are more expensive, as these areas tend to appreciate in value more quickly. Buying a larger home in a less expensive area may not yield as high of a return on investment.

From an Investment Viewpoint, It Is a Good Idea to Buy