Dueling Fools on Housing: Good or Bad Investment?
One Motley Fool contributor argues that buying a home is "The Best Investment Ever."
Another Motley Fool contributor argues that a house is "The Worst Investment Ever," (via Society and Money blog).
Using quarterly "House Price Index" data from the Office of Federal Housing Enterprise Oversight (OFHEO), the chart above compares the S&P 500 Index to the House Price Index for the U.S. and for the state of California from 1975-2006.
Average annual return for owning a home: 6.08%
Average annual return for owning S&P500: 9.32%