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Because you're confusing home ownership and real estate investing. Real estate investment is investing in rental properties of some form or fashion and this ca
by elmerfud 5y ago
Because you're confusing home ownership and real estate investing. Real estate investment is investing in rental properties of some form or fashion and this can be for business rentals it can be personal rentals any number of things. Because that form of investment does not rely on the buying and selling of the property to realize the gain in the investment.
- TimPC 5y agoYou still have a problem with people affording rent if you are buying rental properties at 128x average income. Rent is going to be an inconsequential portion of the interest on the mortgage if someone making average income or even 3x average income has to afford it.