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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (24620)10/18/2004 9:13:09 AM
From: Mike JohnstonRead Replies (1) of 306849
 
The answer is no. A house is a product meant for consumption , a product that without maintenance and repair will depreciate in value.
A stock is strictly a vehicle for investment or speculation.

The land on which the house is located is an inflation hedge. A stock is a share in a business that has the potential to create true wealth.

Also the fear of "never being able to afford a backyard if we don't act now" is much more powerful than a fear of missing out on a hot stock.
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