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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.


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.


And that's exactly why are houses so damn expensive all over the world. Boom


Equities have a higher return historically. Housing is interesting though because mortgages offer huge leverage to retail investors.


> Equities have a higher return historically

Maybe in the USA. In other countries real equity returns have been negative for decades.


Housing only started beating inflation sometime in the late 90s.




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