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Comment by rwmj

Exactly! Own shares instead, they're the same thing but require none of this ongoing work.

Historically house prices have risen enormously and a whole lot of people have made money, so everyone believes this will continue forever despite a huge political movement behind building more houses and other (good) policies that will reduce prices. On the linked page I typed in "-20%" into the annual appreciation field and lost $717,000.

parent rwmj 7 years ago

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