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If 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 sub
by yummyfajitas 11y ago
If 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.