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This warrants some disclaimers. We might very well be in a housing-bubble. So put your money only in there if you can miss it and if it is safe for you. And al
by berkes 6y ago
This warrants some disclaimers.
We might very well be in a housing-bubble. So put your money only in there if you can miss it and if it is safe for you. And always consider spreading your money.
E.g. consider paying off mortgage, which could be seen as a safe version of "investing in real estate". As well as putting aside some cash, and buying in on some ETFs.
- heliodor 6y agoI should have mentioned that I was thinking of a long term scenario. 20-30 years. The covid real estate market is... interesting.
- mikem170 6y agoCould be demographics driving the housing demand, also. The large millennial generation are now in the housing market, and the baby boomers haven't sold yet. In 20-30 years the baby boomers will not be around. That will change the demand for housing. Could be quite a difference.