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Message
re: Stock market vs real estate
Posted on 3/3/13 at 12:15 pm to siliconvalleytiger
Posted on 3/3/13 at 12:15 pm to siliconvalleytiger
quote:
Stock market vs real estate
Real Estate is local, over the next 5 years their will be places where real estate out performs the market and other places where it will not.
1
Posted on 3/3/13 at 2:12 pm to TigerintheNO
quote:
Real Estate is local, over the next 5 years their will be places where real estate out performs the market and other places where it will not.
Agreed. As with anything, location matters in real estate. Buying a fixer upper in a piss poor area because you 'expect' it to appreciate is no better than investing in penny stocks.
Just because it is an investment property, it doesn't have to be 'cheap'.
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