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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 dominotw on Wednesday May 01, 2019 @11:37PM (#19804465)
> this is very good for retirement.

i can buy a house in detroit for $400 and pay no rent . is it a good retirement?

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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by imtringued on Thursday May 02, 2019 @07:19AM (#19806684)
It's a house and you can live in it. You're isolated from the job market because you receive a pension. It's definitively a good investment assuming you bought it in a good condition back when its price was $200000.
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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by bluGill on Thursday May 02, 2019 @10:24AM (#19808200)
Depends, do you like the neighborhood in Detroit? This is a personal question, don't let anyone else's hate of Detroit tell you different.
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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by dominotw on Friday May 03, 2019 @10:00AM (#19818479)
exactly. It depends on whether you like it or not. having a house is not a good investment by default.
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