Why is residential property a good investment?

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I can’t really wrap my head around it, you can have a tenant in there that maybe covers the mortgage, but it’s not really a good investment if you’re not getting a return?

Even if you use 500k to buy a property cash, wouldn’t that money be better off in the market?

In: Economics

28 Answers

Anonymous 0 Comments

Looking at how the dollar has been losing value (they have been printing dollars and borrowing trillions) a property is an asset that will always be worth something. It is a physical asset. You can sell it or rent it out for cash. If the dollar collapses, you will still own the property and still be able to rent it out.

Buying stock is a gamble. Putting money in a bank gets very little interest, much lower than the rate of inflation so you are actually losing money in a bank.

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