Rich Dad Poor Dad

[BradleyT]

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The author says a better route for home ownership would be to build assets first and then use the income they produce to buy the nice house and car.

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Since home ownership at a proper (good) price helps you build your net worth (assets) faster, his advice is to stay poorer for a longer period of time? I've got to read this book.

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If I'm living in a $50K dump but investing $100K into an income producing asset (say real estate that brings $500/month into my pocket) how is that worse than living in a $150K house but with no income producing assets?

And how does the $150K house help me build my net worth faster than the first situation?