Subject: Re: OT-top 1% Net Worth
As others have pointed out, homeownership comes with it a lot of associated expenses (property taxes, upkeep & maintenance costs, insurance, on and on). Yes we derive psychic income from it from many happy memories. But from an investment point of view it is a negative cashflow yielding asset so from a DCF calculation, it is worth a negative present value.

You have to include the imputed value of rent in the calculation because you are getting value by living there.