How housing became the world’s biggest asset class

Re:How housing became the world’s biggest asset class by rainyMammoth on Thursday January 23, 2020 @03:25AM (#22125839)

This is a fallacy. The chances that an index fund goes to 5 or 10% of today's value is way lower than the probability your home going to zero. There are plenty of catastrophic events all over the country that happen periodically (fire, tornadoes, flooding,... you also seem to forget that in order to Have your home you still need to pay for HOA, maintenance and... property taxes.

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Re:How housing became the world’s biggest asset class by mrep on Thursday January 23, 2020 @11:42AM (#22129000)

That's why you get home owners insurance.

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Re:How housing became the world’s biggest asset class by rainyMammoth on Thursday January 23, 2020 @10:11PM (#22135069)

And the exact same type of assurance exists for Stocks. It is called hedging your bets.

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