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Homes as Investments

Ben Bernanke lives with his wife and two children in a house on Capitol Hill. Oh, wait, scratch that: according to Brendan Murray, Ben Bernanke lives with his wife and two children "in an investment that's turned cold".

Maybe it's just me, but I find this kind of reporting rather irksome. Bernanke is chairman of the Federal Reserve, he works in Washington, he has a family, it makes perfect sense for him to own a house on Capitol Hill, to live in. Not as an "investment", just as a place where he can make a home and provide comfortable shelter for his family.

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