Housing was the world’s best investment over the last 150 years.

investing real estate savings earningPhoto by Bernadette Gatsby on Unsplash

Dan Kopf Quartz 

Stocks will bring you highs, but periodically will seriously let you down. Treasury bonds will keep you safe, but they won’t make you rich. Housing? That’s the best of both worlds. In rich countries, over the very long term, housing investments get you returns similar to equities (like stocks and other securities), while providing the low volatility of bonds.

This is the argument of a groundbreaking new paper from economists at University of California-Davis, University of Bonn, and the Deutsche Bundesbank (the central bank of Germany). In a feat of extraordinary data collection, the researchers pulled together the annual returns of treasury bills, treasury bonds, equities, and residential housing from 1870 to 2015 for 16 now-rich countries such as the US, Germany, and Japan. The dataset is the first of its kind…

Read the full article at Yahoo Finance…

Please like & share:

About the Author

Blake King
Having lived in Red Deer my entire life and having experience in many avenues of real estate I offer enormous value to my clients.