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

To: Tradelite who wrote (507)8/29/2001 3:27:38 PM
From: chomolungmaRead Replies (2) | Respond to of 306849
 
The methodology is correct, whether you like it or not.

Taken as a whole, residential real-estate is not a good investment. It is a fine forced savings vehicle but only the very biased real-estate profession will confuse the two.

Over time, real-estate follows the rate of inflation, nothing more. Productive assets, like stocks, appreciate with the inflation rate as well, but also produce a stream of income (earnings) that can be reinvested or paid out to the owners.

Until you can show me what is produced by my house, I will not buy your line of reasoning.



To: Tradelite who wrote (507)8/29/2001 5:09:22 PM
From: AC FlyerRead Replies (1) | Respond to of 306849
 
Tradelite:

Come on, Chomo's methodology was right on. Your veiled insult to Chomo, (e.g. All bets are off, of course, if you live at home with Mom and Dad, rent-free), which he is graciously ignoring, is a poor substitute for a knowledgeable rebuttal.


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