Correct! But, more fun math: Stocks don't have maintenance costs like houses/rental units. The property tax alone per year on a ~$500k place is ~$8k. (You'

Correct! But, more fun math: Stocks don't have maintenance costs like houses/rental units. The property tax alone per year on a ~$500k place is ~$8k. (You'd need to get $700/month in rent JUST to cover property tax.) (The next buyer, at 1.4M valuation, would need to charge ~$2k/month JUST to cover the prop tax, nothing else!) Add in ~$2k/year in regular maintenance, + ~$30k of maintenance every ~5-10 years (roofs, flooring, bathroom fixtures, appliances all die someday), and renting not so profitable. Reliable capital appreciation is the bigger, pure profit here.