Why property is a better option for investment ?

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  • Anonymous
    3 weeks ago

    It is not.  A $100,000 investment in Amazon in 2001 would have have made you a millionaire many times over.  A $100,000 house in 2001 is likely worth $300,000 today.  After  taxes and maintenance, there is likely not much gain made from the house.

    • L. E. Gant
      Lv 7
      3 weeks agoReport

      You're partly right.... But, if you only invested $10,000 in 2001, and the house is now worth $300000, you have $210000 in equity, which isn't bad as an ROI.

  • no
    Lv 6
    3 weeks ago

    Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth.

  • Erik
    Lv 7
    3 weeks ago

    Because it will almost go up in value, maybe not right away, but over time.  The drawback is it's usually much more expensive than other types of investments.

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