In a World of Bad Investments, Houses are King!!

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8 Responses

  1. I view housing as a hedge against inflation. It is an investment in a way but it’s about the future cost side of the equation rather then the income. My house versus rent costs are close to equal all things considered so it was a good move in the long run.

    • Chris says:

      That’s a good way to look at it. And I agree. Locking in your housing costs can be crucial to building wealth. Thanks for stopping by.

  2. steveark says:

    I’d compare renting vs. owning to being similar to a couple living together vs. being married. If you are truly committed to each other marriage is way better because of the security of knowing your partner has your back whatever. My wife and I have had just this one house for several decades of married life . It isn’t an investment, its the home we raised three great kids in! Great post!

    • Chris says:

      I’m hoping we can keep this house for decades too. I’m personally tired of moving, not that we’ve moved often, it’s just that I hate moving.
      And housing security can’t be understated. Just knowing that you’ll always have somewhere to live is great.
      Thanks. 😀

  3. So true. We found that out in NY when we put all that money into the house and sold it for a little less than we paid. It sucks but that’s the way the cookie crumbles.
    I didn’t know all that other stuff so thanks for the info. I will probably forget it but I know you will remind me.
    Love you,
    Kate

    • Chris says:

      Hahaha, thanks for the comment. You don’t forget all the things you’ve learned . . . Just the ones you’re not that interested in. 😘

  4. Great coverage of the pros and cons.

    The liquidity is huge to me. I can sell a few shares of a mutual fund. I can’t sell a few square feet of a house.

    I am a home owner, though, for the reasons you described. Just have to know what you’re signing up for and why.

    • Chris says:

      Exactly, don’t “invest” in anything you don’t understand . . . Good point on the sale of mutual funds.😀

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