Re:How housing became the world’s biggest asset class
by the_gastropod on Wednesday January 22, 2020 @02:06PM
(#22120832)
If you have enough money to buy a few metropolitan homes to add "diversification" to your portfolio (you know, well north of a $10 Million net worth), you're not at risk of feeling any sort of pain from major market downturns.
FWIW, broad-market index funds hold REITS, which give you a market-weighted chunk of the RE market. No need to "diversify" into RE. Doing so only skews your portfolio to be overweight in RE.
FWIW, broad-market index funds hold REITS, which give you a market-weighted chunk of the RE market. No need to "diversify" into RE. Doing so only skews your portfolio to be overweight in RE.