Re:The best investment I never made
by michael_fine on Sunday June 24, 2012 @08:50PM
(#4154682)
What a lot of people miss when comparing the returns of a home to say, the stock market, is that a home also provides a place to live. Of course a home would return less, because if it didn't the price would quickly shoot up because people see the inherent value in having your (lackluster) investment put a roof over your head.
Sorry but I have to point out that this is a very flawed comparison. How much work did you put into that house? - I think the assumption here is none. How much work did you put into your business? - depending on how much you consider your rate to be probably a lot... potentially even more than $200,000.
A more fair comparison would be an actual home builder or developer and there are many that do just this and could cite comparable or even much higher returns.