re: Another reason why real estate > stock market

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middle class neighborhood. All white.

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I pulled up real estate listings and found a property on Brookline that sold in late Oct. for just under $29K, since you haven't closed I'm guessing you aren't far off then. The property doesn't look like the hood, it just looks old, built in the early 60's. So I'm guessing lower middle class.

It's worth pointing out though that it doesn't take experience to do okay in stocks, just buy a target retirement fund and be done with it. It's a more efficient market than local real estate. Yes, it's certainly possible to do better in real estate for that reason although you do need more knowledge and experience and hats off to you for finding a property like that. It's an apples and oranges comparison.

You also need more capital in most places, although if you can buy a freaking house for $20K maybe not all that much. Quite seriously, a parking space in a nice area here in DC costs about that much.