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I am sorry the house you buy that you live in is not an investment it is a liability. Real estate is only an investment, and a very good one, when you are buyi
by jtwebman 9y ago
I am sorry the house you buy that you live in is not an investment it is a liability.
Real estate is only an investment, and a very good one, when you are buying property that you then rent out. Then the leverage helps you out as long as you have renters and rents go up or stay the same. The price of the home matters far less in that case until you are ready to trade up.
I am sure at this level though inverters are having a much harder time finding real estate that is cash flow positive.