Why More People Are Choosing Real Estate
CategoryMoney Notes
The logic is simple: the barrier to entry is low, and you're buying an absolute slice of urban wealth.
I know many people will say, "The barrier to entry is low? For buying a house?" It costs a fortune.
But look only at the right products—the threshold is already low enough.
Most products aren't accessible just because you have money. Take commodity futures, for example. Toss in the millions you'd spend on a house, and under normal conditions, you'd likely lose it all within three months.
But with a house, no matter what happens, you can always live in it. If prices rise, nice. If they fall, consider it a luxury car—you still haven't come up empty-handed.
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