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Buy a house and live in it.
by frozenport 14y ago
Buy a house and live in it.
- TamDenholm 14y agoPersonally i think a house you live in is a liability rather than an asset, it costs money, ties up a hell of a lot of capital and these days is a gamble on whether you'll get your initial investment back again.
- thingylab 14y agoI would tend to agree with that. This being said, investing in real estate is the only way for a regular person to achieve a high leverage ratio, which is probably why people see it as such a good investment.
- syedkarim 14y agoJoe Sixpack can also have high leverage through options contracts.
- cmatthias 14y agoNot really an investment. See: http://thezikomoletter.com/2012/12/10/you-are-naturally-short-housing/ http://thezikomoletter.com/2012/12/10/you-are-naturally-shor...