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re: Median, real net worth rose 37% from 2019-2022
Posted on 11/2/23 at 12:06 pm to Big Scrub TX
Posted on 11/2/23 at 12:06 pm to Big Scrub TX
Home values have soared…hypothesis is that most of this “net worth” jump is tied up in illiquid Real Estate.
2
Posted on 11/2/23 at 2:59 pm to lynxcat
quote:... and at 20% down, it's a 'leveraged' investment.
hypothesis is that most of this “net worth” jump is tied up in illiquid Real Estate.
Posted on 11/6/23 at 4:59 am to lynxcat
quote:
Home values have soared…hypothesis is that most of this “net worth” jump is tied up in illiquid Real Estate.
Exactly.
Plus, unlike stocks, your home has to be replaced if you sell it.
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