Re:Redfin Is Leaving NAR
by goalonetwo on Monday October 02, 2023 @10:59PM
(#37747467)
Sure, but discussing it as a "juicy" investment that returns 5x the upside because you are leveraged 5x is also a false narrative that doesn't include all the fees and costs.
Re:Redfin Is Leaving NAR
by kevinventullo on Tuesday October 03, 2023 @11:22AM
(#37753115)
Not to mention risks!
Yes, in more ways than one. To juice returns, sure. But the main reason people lever into real estate is because they don't have the cash to buy. So most homebuyers enter into a favorable high-leverage asset whose gains are given preferred tax treatment.
Discussing residential RE as if leverage is optional is not useful.