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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: chomolungma who wrote (357)	8/28/2001 11:04:21 AM
From: TheStockFairy	Respond to of 306849

Another AMEN!

To: chomolungma who wrote (357)	8/28/2001 2:32:25 PM
From: Oblomov	Read Replies (2) \| Respond to of 306849

I find it interesting that people talk about housing as being a great "investment". If one renovates a gutted house in a bad neighborhood, and the neighborhood rebounds, then the risk/reward ratio may be favorable. In most cases the real ROI is not so good (and may be negative, as you mention) when compared with other asset classes. I don't see why people have to call their house purchase an "investment"... why can't it simply be "money well spent"?