I don't disagree with most of that. I guess my point is that a desirable location will most likely become more desirable in the future, ie. inner city homes, or locations that have limited growth capability where people want to live, etc. Will my inner city house (land) become more valuable with time? Yes. Will a home in Copperfield? Maybe. So I feel that my investment is better placed than in a condo or a home on the outskirts of the city. But, I'm also biased because I prefer everything that goes with owning a SFH. [though I guess this would be a TFH since two couples live here due to my suite] One day when I'm older, I'll most likely prefer to have a condo in a central location as I won't want to deal with the extra work and would like to leave my home for a few months to travel or live elsewhere.