Stock Market Thread

[WRXtranceformed]

Another issue with equity is that for the vast majority of people, the real gains on real estate are usually pretty low, I'm told less than 1%. It makes sense if you think about it, if you finance and pay a house off you have to think about all the interest you paid into it as well as taxes, repairs, upgrades you didn't get your money back out of, maintenance, the original down payment you're basically just getting back, etc. There are a few rare cases like if you buy into a bubble and sell shortly after, or become a slum lord and get low income renters to pay for your place. I see some well to do people try to get involved in mid market rental purchasing but you have to have a lot of cash for that to make any sense to me. Plus, commercial real estate is where the money is, some of the wealthiest people I have met are investors in that space.