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The major thing that is special about real estate investment is that you can live in it. If I could live inside of Google stock and it would eliminate my need t
by hueving 11y ago
The major thing that is special about real estate investment is that you can live in it. If I could live inside of Google stock and it would eliminate my need to pay rent, then sure, equities are just as good.
- yummyfajitas 11y agoIf you invest in equities and get a revenue stream that pays rent, you can "live in it". The only advantage to real estate is that the revenue stream is tax subsidized. This is fixable in multiple ways; start taxing imputed rent (tolerable) or stop taxing capital income (far better).
- hueving 11y agoBecause returns on equities are stable enough for rent. /s Have you seen what happened since the year started? If you're thinking of dividends, just for 1k/mo apt you need to have 400k worth of a 3% yielding stock. 400k in a normal us housing market gets you much better than the 1k rent.