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the claim
Purchases of houses by households are classified as investment rather than consumption.
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
2 sources for · 0 against
AS REPORTEDno primary record reached; this is what the reporting says

In national income accounting and GDP calculations, household purchases of new housing are classified as investment rather than consumption.

Evidence for · 2
Wikipedia: Gross domestic product
cited by 0
Reference article covering this claim directly
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Judged against reference works: claims of this kind are settled by reference works, not journal abstracts.

More for · 1
Houghton Mifflin Custom Pub.: Principles of macroeconomics : with study guide
2007 · cited by 0
Defines investment as purchases of final goods by firms plus purchases of newly produced residences.
Everything we examined (15)
  1. Wikipedia: Gross domestic productreferencesupports
  2. Wikipedia: Housingreferenceno side takennot shown: read and judged not to bear on this claim
  3. Book: Macroeconomicsreferenceno side takennot shown: read and judged not to bear on this claim
  4. Book: Understanding Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  5. McGraw-Hill: Economic accounts and their usesreferenceno side takennot shown: read and judged not to bear on this claim
  6. Not Avail: Principles of Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  7. Addison-Wesley: Study Guide to Accompany Principles of Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  8. Cengage Learning: Ap Tb Prin of Econ 5ereferenceno side takennot shown: read and judged not to bear on this claim
  9. Berkeley, University of California Press: Housing; the social and economic elementsreferenceno side takennot shown: read and judged not to bear on this claim
  10. London Prentice-Hall Europe: Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  11. Causeway: Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  12. Houghton Mifflin Custom Pub.: Principles of macroeconomics : with study guidereferencesupports
  13. Wikisource: China's Position on Some Issues Concerning China-US Economic and Trade Relationsreferenceno side takennot shown: read and judged not to bear on this claim
  14. Wikisource: America's Highways 1776–1976: A History of the Federal-Aid Program/Part 2/Chapter 2referenceno side takennot shown: read and judged not to bear on this claim
  15. Wikisource: 1911 Encyclopædia Britannica/Housingreferenceno side takennot shown: read and judged not to bear on this claim
The paper trail · every fact has a biography
first checked05 Aug 2026
judged → SUPPORTED · 6305 Aug 2026
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