3 ms·
Seems 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
by thousandautumns 8y ago
Seems 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.