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Does it make sense to buy a house with cash?

Two questions, does it make sense to buy a home in cash? Let's say you had around $2 mil in savings and were looking to buy a home for around $500k. Would it be better to finance it and invest money elsewhere or just to buy a house in full?

Also does it make sense to buy a more expensive and nice home? Do more expensive and nicer homes appreciate at a better rate than a lower priced home? Is spending $500k on a home a bit too much if you made around $250k a year but had $2 mil in savings?

submitted by /u/Wrestler04
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source https://www.reddit.com/r/RealEstate/comments/fb4t6q/does_it_make_sense_to_buy_a_house_with_cash/
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