“Total returns on residential real estate are on a par with the returns to equities – on average, about 7% per annum – but they are far less volatile.” (Wages certainly don’t rise at this pace!)https://twitter.com/ianhathaway/status/948249063404724224 …
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Replying to @kimmaicutler
I wonder if this analysis takes into account investment expenses. Close to nil for equities but potentially quite large for real estate.
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