4 ms·
> (1) Owning a home in the US is a good investment. Like any investment it depends on the price > (2) Housing in the US is affordable The US is so big, there
by foogazi 7y ago
> (1) Owning a home in the US is a good investment.
Like any investment it depends on the price
> (2) Housing in the US is affordable
The US is so big, there are plenty of places in the US with affordable housing
To your third point, throughout history most people have not had access to other wealth assets besides a house. So even if the value of a house just tracked inflation it was doing its job of storing wealth.
There are places in this world were a cow is an investment, and being able to get your hands on anything that preserves wealth is valuable