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Reply to "Why buy real estate when population isn't growing?"
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[quote=Anonymous]No politician is going to answer this question EVER. So many Americans have their wealth tied to real estate and it's scary. And still today real estate keep being shoved down people's throat as the only way to build wealth. If you want to buy a house, buy the cheapest house in the safest neighborhood you can afford. Buy a small house with low maintenance cost If you are rich and don't care whether you can sell your house at a profit (after taking into account inflation, maintenance, property taxes, etc) then you go ahead and splurge on a 10k sqft home with marbles fancy pool extravagant kitchen marbles crown molding etc...But for most of us if we really want a house we have to stick to basic homes. IMO though most of us are better off without real estate ownership.[/quote]
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