Quote:
Originally posted by I-Hate-Hulse@Feb 14 2005, 09:14 PM
Mike, we agree to disagree on real estate as an "sure thing investment", particularly around carrying costs of capital.
However, there's one thing I think we can both agree on is that there are lot of variables and factors to consider in real estate, for which small subtleities can make or lose you a lot of money.
I guess I'm just trying to say that an individual person has to consider these variables as it pertains to themselves and their situation, and without doing that it's wrong to say that real estate is a surefire thing.
YMMV
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I have never said that Real Estate Investing is a "sure thing". I don't think there is any such thing.
I just feel it is the safest most profitable investment out there. Especially when you compare it to stocks.
As far as variables affecting prices go, I feel that Stocks are far more vulnerable to these variables and as a result way more volatile and risky.
To each their own though......