Based on the first chart. Capital income from housing doesn't matter very much compared to non-housing capital income (check out how closely that latter is correlated).
Also capital income from housing actually looks to be declining pretty sharply for almost a decade?
To the extent housing does matter it looks a lot less volatile than non-housing capital income.
TL;DR. More people are renting vs buying nowadays. Real estate has been a relatively good investment since WW2 but stock markets have appreciated more. Water is wet.
Also capital income from housing actually looks to be declining pretty sharply for almost a decade?
To the extent housing does matter it looks a lot less volatile than non-housing capital income.
TL;DR. More people are renting vs buying nowadays. Real estate has been a relatively good investment since WW2 but stock markets have appreciated more. Water is wet.