tag:blogger.com,1999:blog-32639162.post27451178994196266..comments2023-12-07T01:00:56.264-05:00Comments on My Wealth Builder: Don't Count on Housing for Building WealthSuper Saverhttp://www.blogger.com/profile/11172939501208456194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-32639162.post-73013189537583008532010-09-01T13:56:30.728-04:002010-09-01T13:56:30.728-04:00@ Anonymous,
There are two components to making m...@ Anonymous,<br /><br />There are two components to making money in real estate, a business part (rent income) and an investment part (property appreciation). I agree that money can still be made renting and paying off the mortgage. However, people that own a home can only depend on property appreciation to increase their wealth since they don't receive rent income. For both rental and personal homes, property appreciation will contribute much less to returns than in the past, unless, of course, one buys the property significantly below market.Super Saverhttps://www.blogger.com/profile/11172939501208456194noreply@blogger.comtag:blogger.com,1999:blog-32639162.post-64044214190783664582010-09-01T11:51:18.251-04:002010-09-01T11:51:18.251-04:00This is a ridiculous post only looking at one angl...This is a ridiculous post only looking at one angle, which is now quite obvious after the housing bust. How about landlords who rent to payoff a mortgage, is that not using real estate for an investment? If anything we have now had the big bust and now is the time to get back in and start buying cheap property as an investment.Anonymousnoreply@blogger.com