Pop Quiz Want to test your knowledge of the housing market? Just answer the following question: How good a long-term investment is residential housing? A. Terrific.B. Mediocre, at best.C. Both A. and B. Correct answer: C. Huh? “Mediocre” Camp Like the three blind men (maybe they were economists?) and the elephant, it depends what you...Read More
WSJ: ‘Homes are Poor Long-Term Investments’ Today’s Wall Street Journal is running the latest in what has become a perennial real estate subject: how do homes fare as investments? (“Is Your Home a Good Investment?”). Its (non-groundbreaking) conclusion: long-term, homes barely beat inflation. In fact, depending on your starting point, statistics indicate that annual home...Read More
