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

To: GraceZ who wrote (56234)	6/16/2006 10:12:52 PM
From: Moominoid	Read Replies (2) \| Respond to of 306849

One of the greatest benefits of owning a house is that it allows you make a reasonably accurate estimation of what your future living expense will be. I don't really get that... who knows what property taxes might be or any other aspect of the cost of owning a house, or some disaster comes along that the insurance company won't pay for. Or not in full. I see a house as a depreciating, undiversified risky asset. The land under it is a better investment but still subject to neighborhood change etc in perhaps a detrimental way.