3 ms·
How come you count inflation for house and not for savings? :) As others point out, houses can be easily setup in and around the metros to give a steady 3% ret
by SubuSS 7y ago
How come you count inflation for house and not for savings? :)
As others point out, houses can be easily setup in and around the metros to give a steady 3% return not including appreciation. Considering dense living is the future and the house will materially remain through a market downturn, why wouldn't you diversify your portfolio with a few?
- the_gastropod 7y agoIf you have enough money to buy a few metropolitan homes to add "diversification" to your portfolio (you know, well north of a $10 Million net worth), you're not at risk of feeling any sort of pain from major market downturns. FWIW, broad-market index funds hold REITS, which give you a market-weighted chunk of the RE market. No need to "diversify" into RE. Doing so only skews your portfolio to be overweight in RE.