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re: Another reason why real estate > stock market
Posted on 1/5/14 at 3:16 pm to I Love Bama
Posted on 1/5/14 at 3:16 pm to I Love Bama
From the census. 2008-2012.
Huntsville: $48,632
Alabama: $43,160
Huntsville
Baton Rouge:$38,974
Louisiana: $44,673
Baton Rouge
Huntsville: $48,632
Alabama: $43,160
Huntsville
Baton Rouge:$38,974
Louisiana: $44,673
Baton Rouge
Posted on 1/5/14 at 3:20 pm to bamafan425
Thanks for the links. The point of the thread is kinda getting off track.
We discuss a lot of retirement options on this thread with very little RE talk. I'm just bringing something new to the table for discussion. The average Joe can make much more money in real estate I believe.
We discuss a lot of retirement options on this thread with very little RE talk. I'm just bringing something new to the table for discussion. The average Joe can make much more money in real estate I believe.
Posted on 1/5/14 at 3:33 pm to bamafan425
quote:That's why I asked for the link. The per capita income for Baton Rouge (city) is skewed by the population of students at LSU and by the number of government dependent (welfare) recipients in the inner city. The per capita income of the SMSA for the Baton Rouge area is significantly higher than for Baton Rouge itself.
Another reason why real estate > stock market
From the census. 2008-2012.
Huntsville: $48,632
Alabama: $43,160
Huntsville
Baton Rouge:$38,974
Louisiana: $44,673
Baton Rouge
But, that's not important for this thread's purpose....
My original post is valid. Investing in real estate requires maintenance time and costs, along with the occasional aggravation of dealing with a tenant for paying late or not paying at all.
I know. I've done it.
Investing in stocks do not have those costs and aggravations.
If someone has the time and inclination to devote to investing in rental real estate, it SHOULD have a higher return because of the associated time requirements to manage it.
Comparing the two classes of investments based solely on return is comparing apples to oranges.
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