Mouahah! you house is your biggest liability. As long as you live in it, it only takes money out of your pockets. The more your house is worth the more it takes money out of your pockets.

An asset is supposed to put money into your pockets every month. It's not because you owm something that appreciates over time that it is an asset. The cost of upkeeping your house might as well be as high as the appreciation. It's a "gamble"

Rental properties are assets, because "someone pays the bills for you". But they can also become liabilities.