'Big Short' star Michael Burry says buying a home is rarely a good investment — but may still be worth it

Michael Burry, known for his role in 'The Big Short,' argues that residential real estate typically offers mediocre investment returns compared to the S&P 500, citing a 4.5% after-tax return over 50 years. He emphasizes that the primary value of homeownership lies in lifestyle and quality of life rather than financial gain, noting housing has lagged behind stock market growth over the past 25 years.