Re:Why a house is a terrible investment (2013)
by ajross on Monday April 23, 2018 @01:27AM
(#16900722)
> What about the interpretation that I don't want to be subject to price fluctuations of a single object that represents a large fraction of my net worth?
That only makes sense if you bought the house in cash or if someone is willing to loan you money at 4-5% to buy stocks. Investments aren't zero sum when the government is effectively underwriting your mortgage.
That only makes sense if you bought the house in cash or if someone is willing to loan you money at 4-5% to buy stocks. Investments aren't zero sum when the government is effectively underwriting your mortgage.
This article is total woo. Sorry.