News for hackers. Stuff that matters.

A comment on Housing Can’t Be Both Affordable and a Good Investment (2018). Parent comment

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by cheez on Wednesday May 01, 2019 @09:36PM (#19803719)
These are all true, and as a society should we not support (1) and (2) more than the others?

Personally, I invest in REITs, the money I would invest in real estate. These investments cover my rent and more.

[ Parent | on HN ]
Re:Housing Can’t Be Both Affordable and a Good Investment (2... by seanp2k2 on Thursday May 02, 2019 @04:54AM (#19805969)
shh don't tell everyone about REITs and how you can get into and out of the upsides of housing markets without actually maintaining properties and dealing with tenants!
[ Parent | on HN ]
Re:Housing Can’t Be Both Affordable and a Good Investment (2... by cheez on Thursday May 02, 2019 @06:39AM (#19806434)
The thing that really convinced me was when you look at the appreciation of real estate, overall it appreciates by X, but a particular area is not guaranteed to do so. The intention is to have REITs finance my retirement home in the country.
[ Parent | on HN ]