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Personally 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 whe
by TamDenholm 14y ago
Personally 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.