Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
rr888
on Sept 1, 2022
|
parent
|
context
|
favorite
| on:
The Portuguese can no longer afford to live in Por...
And the biggest reason people buy housing is that its been the best investment. The wealthiest people I know are the people that bought houses a long time back and kept leveraging up into buying more.
hnuser847
on Sept 1, 2022
|
next
[–]
That's the path I'm on right now, not because I love being a landlord, but simply because it's the best investment available.
megalord
on Sept 1, 2022
|
parent
|
next
[–]
And that's exactly why are houses so damn expensive all over the world. Boom
pharmakom
on Sept 1, 2022
|
prev
|
next
[–]
Equities have a higher return historically. Housing is interesting though because mortgages offer huge leverage to retail investors.
rr888
on Sept 2, 2022
|
parent
|
next
[–]
> Equities have a higher return historically
Maybe in the USA. In other countries real equity returns have been negative for decades.
pessimizer
on Sept 1, 2022
|
prev
[–]
Housing only started beating inflation sometime in the late 90s.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: