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Follow up to my own comment because I'm still baffled by this article that I keep thinking about it. I guess the article is based on a survey where the questio
by astura 4y ago
Follow up to my own comment because I'm still baffled by this article that I keep thinking about it.
I guess the article is based on a survey where the question was "For money you wouldn't need for more than 10 years, which ONE of the following do you think would be the best way to invest it?" and the top answer is "real estate."
So yeah, that doesn't AT ALL mean that people who answer "real estate" think that the house that they live in will make them rich. Some might think that, but most people think buying an investment property means that the buyer will buy low and rehab it to flip or rent it to collect income. The entire premise of this article just doesn't make sense.