Property Pricing in your area - gone up or down?

[videogamesrock]

Yes I disagree with the textbook. The last time my personal residence was not a liability was when I lived with my parents and they gave me an allowance. When I moved out every place I've lived in has not been an asset, it's always been a liability.h

On a side note, I'm reading The Creature From Jeckyl Island. The first chapter talks about accounting and how banks take deposits and classify them as assets when they really are a liabilities to the depositor. You can call it semantics but accounting principles are misleading.