post - assessment\nquestion 2 of 5\nhow can buying a house be considered \good debt\?\nit decreases in value…

post - assessment\nquestion 2 of 5\nhow can buying a house be considered \good debt\?\nit decreases in value over time\nit is worth more than any other investment\nit increases your net worth as it build equity\nit gives you a place to live for a long time

post - assessment\nquestion 2 of 5\nhow can buying a house be considered \good debt\?\nit decreases in value over time\nit is worth more than any other investment\nit increases your net worth as it build equity\nit gives you a place to live for a long time

Answer

Brief Explanations:

Good debt is debt that is used to purchase assets that can increase in value or generate income over time. When buying a house, as you make mortgage payments, you build equity (ownership stake) in the property. This equity can increase your net - worth, making it a form of good debt.

Answer:

It increases your net worth as it builds equity