Originally Posted by Carnagge
Stock market has always out performed the housing market long term.
Are you an idiot? No seriously.
Say you own a commercial building. Which I know that someone does. The building is worth $650,000.
They rent it out for $7500 a month. Which is $90,000 a year. Take $5k for taxes and maybe $10k for maintence if that. And you get $75k.
Now you say you take that $650,000 and put it in the stock market instead. Say you make a higher then market average of 10%. Though the $650,000 will only make $65,000. And the difference here is that $75,000 can be put into an account in the market or into other real estate. Now if you take the stock market average of only 8% then you would only make $52,000 on the $650,000.
So next time before you come in here ranting like you know **** do your research.
Nobody would invest in real estate if it didn't have good returns.