/biz/ - Business & Finance

>>19779879
Why do you think the housing shills have been all over /biz/? They're clearly trying to unload their bags. Anyone who fell for it honestly deserves it.

>>18945805
Thanks. On many metrics you'll find SP500 actually outperforms real estate in the hottest cities. Definitely depends on your buy in date but the point is the picture is not as clear as homeowners like to shill to you. The people who actually win from RE are politicians and those who facilitate the transactions. Boomers just love RE cause it's a forced savings program, (mortgages) but with discipline you can use the same payments towards an index and get more. And you don't have to spend so much time and money fixing your house, which will break down in 100 ways. Unless you're good with tools this is a major headache.

And never trust a product that "can't go down." In the long run things can always move up, but always in cycles and supercycles with downturns. Otherwise it's just another bubble.