[vintageogauge]

Originally Posted by Aces4

For a savvy investor, it is realized an investment in housing is a poor one for growth. There are no guarantees prices will rise after you buy since any growth can be quickly eroded by a down turn in the economy, decimation of the area by a series of either sink holes, hurricanes/tornadoes, sharp tax/cost of living increase, increase in population density, pressure on natural resources availability such as the aquifer, crime increase, etc. There is not a FDIC for housing and it should not be considered an investment unless it is strictly a rental unit. And even then a pandemic may wipe out all income for a great length of time.

Not to worry, I've been doing this for decades and haven't lost yet. Realestate by far has been the best investments of my entire life. Even when the economy goes down, unlike some other investments, you still own the property and it will eventually go back up.