4 ms·
I agree with the home as an investment idea. As an investment, a home in a desirable place is much less risky than investing in the market. The chance of a home
by mnm1 8y ago
I agree with the home as an investment idea. As an investment, a home in a desirable place is much less risky than investing in the market. The chance of a home losing all its value, if insured properly, is virtually zero. I cannot say the same for investing in the market. People should consider both options and hopefully not put all their eggs in one basket if they have enough eggs to spread around. I think that's why many people prefer to invest in a home. Plus, you can live in it and maintain its value with time and work that anyone can do. Buying just because it's part of the American dream or because people think it'll return massive amounts on investment is probably a bad idea for most.