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Reply to "Are any of you MF’s investing in anacostia?"
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[quote=Anonymous]Comparing a home purchase to either the Dow or S&P 500 isn’t a valid comparison. You should compare one home vs. one stock. For every high return investment around here there’s someone who invested in Cleveland or some other area that hasn’t seen as much economic growth. Compare buying a home in Anacostia vs. owning Microsoft or Apple stock, which have appreciated 220% and 270% respectively in the past 5 years. These stock picks are very conservative as well. It’s not like comparing Anacostia real estate investment vs start ups like Nvidia or Tesla.[/quote]
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