mainly because you are forced to hold it.
If your time horizon is long, like you can ignore smaller short term blips.
Peloton at 24 vs 33.
But you still need to buy in at a reasonable price.
And a good business.
Peloton was 130 not long ago.
A house has costs associated with it, taxes, upkeep, but the nice thing is that you can live in it.
You can rent it out.
There are other things tied to it, like good schools.