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sokoloff
on Nov 15, 2021
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Will real estate ever be normal again?
Most homes are bought with 5x or more leverage. In a year where the stock market is up 50% and houses up 20%, recent homeowners probably did better than renters, not worse.
nly
on Nov 15, 2021
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Of course that leverage works against you if the market tanks.
People just believe that this is impossible in the property market
refurb
on Nov 15, 2021
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You just proved my point. Yes, the return is higher, but subtract all the costs and the stock market is ahead.
sokoloff
on Nov 15, 2021
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If you buy and sell the house every year, perhaps. Most renters don’t even move every year.
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