4 ms·
Recently was reading that housing is high risk investment. How come it is if you can buy the house when economy crashes and in 5-10 years it is priced even high
by currriuosly 8y ago
Recently was reading that housing is high risk investment. How come it is if you can buy the house when economy crashes and in 5-10 years it is priced even higher?
- freeone3000 8y agoThat's exactly why it is risky. How do you know you're at the bottom of the crash? How do you predict the next crash? If you think you can, you can make a lot of money, but if you're wrong, you stand to lose lots of money.
- thousandautumns 8y agoSeems like a high risk investment if you aren't sitting put for a long time. If you plan on living in the house for a decade or more, the chances of you losing money seem pretty low. But people are less likely to sit put in one job or area these days than in the past, and there are external factors too, like potentially being laid off and needing to sell or move for another job. So as an actual investment tool in the short term, housing seems like it could be risky, but if you are looking for a place to put down roots, you would almost surely be coming out ahead.