Offer your thoughts or opinion on the input financial query or topic using your financial background.

What part of buying a house would make my net worth go down?
In general, buying a house will improve your net worth over the long haul, because unlike cars, houses don't suffer as much from depreciation.  The problem with real property is that markets are very cyclic and aren't very liquid assets. Farmers with thousands of acres of valuable land are often cash poor for that very reason. A lot of people here are negative about housing ownership — this is illustrative of the fact that 2010 is a year where real estate is on the down-side of the cycle.