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A comment on The Portuguese can no longer afford to live in Portugal. Parent comment

Re:The Portuguese can no longer afford to live in Portugal by rr888 on Thursday September 01, 2022 @12:39PM (#32678990)
And the biggest reason people buy housing is that its been the best investment. The wealthiest people I know are the people that bought houses a long time back and kept leveraging up into buying more.
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Re:The Portuguese can no longer afford to live in Portugal by hnuser847 on Thursday September 01, 2022 @02:14PM (#32680647)
That's the path I'm on right now, not because I love being a landlord, but simply because it's the best investment available.
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Re:The Portuguese can no longer afford to live in Portugal by megalord on Thursday September 01, 2022 @05:26PM (#32683467)
And that's exactly why are houses so damn expensive all over the world. Boom
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Re:The Portuguese can no longer afford to live in Portugal by pharmakom on Thursday September 01, 2022 @06:01PM (#32683906)
Equities have a higher return historically. Housing is interesting though because mortgages offer huge leverage to retail investors.
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Re:The Portuguese can no longer afford to live in Portugal by rr888 on Friday September 02, 2022 @08:27AM (#32689778)
> Equities have a higher return historically

Maybe in the USA. In other countries real equity returns have been negative for decades.

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Re:The Portuguese can no longer afford to live in Portugal by pessimizer on Thursday September 01, 2022 @07:57PM (#32684962)
Housing only started beating inflation sometime in the late 90s.
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