Re:How housing became the world’s biggest asset class
by magicalhippo on Wednesday January 22, 2020 @01:16PM
(#22120292)
My home will not depreciate much relative to other homes I could have bought. Yes I'm forced to sell during a downturn it's not good, but once the market picks up it's almost certain my home will increase in value as well.
Harder to have the same confidence that the stocks I picked will survive a downturn as well as my home.
Re:How housing became the world’s biggest asset class
by jdsully on Wednesday January 22, 2020 @01:42PM
(#22120581)
All your arguments of safety are even more applicable to index funds since you actually own a slice of the entire market rather than just being merely correlated as you are with your house.
This conventional wisdom has been increasingly getting less true over the last decade. Valuation increases of 5-10% per year on a regular basis are also "volatility".