>>1122738It depends where you mean. In NZ the capital gains (the difference between what you buy it for and what you sell it for) isn't taxed, so is a more profitable and secure investment than most alternatives, at least over the last few years while the market's been booming. In places that aren't in a bubble you can often make a profit from renting them or at least have the rent cover the mortgage and upkeep, effectively having your tenants buy the house for you.
