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I'm confused as to how housing is a retirement investment. I get not having a housing payment in retirement, but how do you gain on the appreciation? In my view
by Spartan-S63 2y ago
I'm confused as to how housing is a retirement investment. I get not having a housing payment in retirement, but how do you gain on the appreciation? In my view, you never do. It's your heirs who do, which makes real estate a stupid investment.
- Gibbon1 2y agoA single family house is probably the worst investment, low rate of return and illiquid with high costs to sell. You can buy a house and won't break even till six years in. But it's the only way to invest rent money.
- bryanlarsen 2y ago> but how do you gain on the appreciation? With a reverse mortgage.