House is liability and we all know that fact and lucky for me I had an inheritance which is a residential and agricultural land here in the province which I can convert into a profitable commercial or bed space for rent just like in Airbnb but the thing is I had to find a capital first as that was a problem for me. Houses for rent in the city varies in prices depending on the floor area and strategic location. Here in my place I think with more or less $50 you can rent a livable apartment but yeah province rates really is different from city.
But to be honest I still have an unfinished house that was built some years ago and it's still in a skeletal structure as I ran out of funds though it already has beams but without roof.
its liability when we have lying around and not using it for productive purpose though, but if the price went up, i'd call it an investment, after all it increases in term of value regardless of maintenance fee and so on.
but to be fair, having a farmable land is far advantageous if we are talking about country side, i always have that mind to buy a land somewhere in the countryside for agricultural purpose, with the helps of current technology the yield would multiply, with being landlord the rent price can be increased but occasionally not too frequently.
but when we are talking about yield, it can be multipled depends on our utilization.
but its undeniable that being a landlord in a city, is definitely a good business, otherwise the city won't get populated so much with places for rent.