Robert Kiyosaki says there's 'nothing wrong' with buying a house
: Money tied up in a home (down payments and monthly costs) cannot be invested in actual income-producing assets. rich dad poor dad buying a house
: Something that takes money out of your pocket (e.g., mortgages, property taxes, insurance, and maintenance). Robert Kiyosaki says there's 'nothing wrong' with buying
: Something that puts money into your pocket (e.g., rental income, dividends). rich dad poor dad buying a house
In the book Rich Dad Poor Dad , Robert Kiyosaki presents a controversial "feature" regarding homeownership: . While traditional financial advice often cites a home as a person's largest asset, Kiyosaki argues that if it takes money out of your pocket every month, it cannot be defined as an asset. Core Argument: Asset vs. Liability