4 ms·
Because you can live in it. It's not only an investment. Saying that, people often take on more than they should and get into trouble because of it.
by nemo44x 5y ago
Because you can live in it. It's not only an investment. Saying that, people often take on more than they should and get into trouble because of it.
- pharmakom 5y agoPoster is talking about buy-to-let.
- nemo44x 5y agoOh yeah - that's generally a horrible investment compared to the market as a whole. In essence, you end up losing so much of your profit through taxes and you've managed to take on a business now that requires your time. Land lording is generally a terrible investment unless it's done at a scale and professionally. Not saying you don't make money on it - but that same money is probably better in an index fund for 30 years.