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Reply to "Renting and investing vs purchasing a single family home"
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[quote=Anonymous][quote=Anonymous]You are wanting a simple equation to answer this question. There isn't one. You can't predict the stock market (especially now) and you can't predict what appreciation (or the opposite) in real estate. I think there is benefit to real estate in that 1) you actually have a physical thing -- the markets all tank and the world goes to hell, then you can at least live on it, it didn't disappear into the either, and 2) it's good to be diversified, to have some real estate in addition to other investments. That said, you say you don't want to own a home. That is probably what should guide you right now. It is a colossal pita at times; maintenance is no joke and expensive. [/quote] +1 All this. Plus when the interest rates go down property prices typically rise. So, yea owning a home is expensive and the market is high - but it is highly unlikely we will experience overall values to tank like they did in 2008 because of regulations now in place. That said - you will be dealing with this part of your portfolio on a very localized level.[/quote]
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