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by bluGill 2375 days ago
Real estate is a bad way to become rich fast (unless your full time job is landlord and you understand how to make this business work). It is often (but not always) worth it anyway, but real estate should break even with inflation over time: not a great investment.
2 comments

Real estate returns are actually pretty much on par with stocks if you include rent [0]. Granted, if it is your main home, you are just transferring that rent value to yourself but it's still much better to transfer that value to yourself than someone else.

[0]: https://news.ycombinator.com/item?id=19817584

> should break even with inflation over time: not a great investment

This is not historically true and the reason why so many people become rich (and poor) with real estate is because of the amount of leverage it enables.

I agree with your statement even as I stand by my claim.