Re:Renting is Throwing Money Away, Right? (2015)
by lotsofpulp on Monday April 23, 2018 @06:01AM
(#16901986)
I find it hard to believe if even the majority of housing markets have doubled. Economic growth mostly seems contained to a few established and up and coming cities.
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Re:Renting is Throwing Money Away, Right? (2015)
by garmaine on Monday April 23, 2018 @12:11PM
(#16904700)
Yeah one flaw with the OP is that you can’t compare against average housing returns. Buying a house or condo in Silicon Valley or New York is going to out perform the average due to supply, demand, and geography.
The OP is essentially really saying buy a total stock market fund instead of REIT, which isn’t that controversial.