: Money tied up in a home (down payments and monthly costs) cannot be invested in actual income-producing assets.
According to the Rich Dad philosophy , the belief that a home is an investment keeps people financially stuck for several reasons: rich dad poor dad buying a house
Kiyosaki uses a simplified, cash-flow-based definition for these terms: : Money tied up in a home (down
Robert Kiyosaki says there's 'nothing wrong' with buying a house rich dad poor dad buying a house
: Something that takes money out of your pocket (e.g., mortgages, property taxes, insurance, and maintenance).