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> because the best ROI has been in the property market. That is not true. It seems like it is true because we can look at our parents and grandparents and see
by anon1m0us 7y ago
> because the best ROI has been in the property market.
That is not true. It seems like it is true because we can look at our parents and grandparents and see that the house they bought in 1980 for $300,000 is worth a million dollars now, but that's not a great return. It seems like it because they are millionaires, but you'd have been better off in bonds with a better return and a whole lot less risk.
- seem_2211 7y agoWhile you are technically correct, the common man on the street so to say would say that property is where the returns would be (even if the returns have technically been 0% once property taxes, mortgage interest, insurance and repairs are taken into account). Perhaps I should have been more precise: the perception is that the best ROI has been in the property market.