Why property is a better option for investment ?
- Anonymous2 months 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.
- noLv 62 months 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.
- ErikLv 72 months 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.