Another reason why real estate > stock market
From the census. 2008-2012.
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.
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.