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Real Estate
Reply to "Sold my house in Frb 2023--the worst time in American history to do so"
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[quote=Anonymous]I blame all the late night infomercials about real estate investing for people thinking that's the best way to invest. Real estate is a huge headache (maintenance, contractors, property taxes, annoying neighbors, terrible tenants), versus just investing in index funds. Real estate investing can make sense for a small group of people as a full-time job (where you can get economies of scale for having dozens of properties), but having one or two properties doesn't make sense. It's always after periods like the last few years -- where real estate appreciation was crazy -- that people tend to think this is the norm, and they forget that for the preceding 15 years, real estate prices nationwide were flat.[/quote]
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