> Real estate seems to be the only venue where I can make a return on my value, ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

usaphp on Nov 3, 2018 | parent | context | favorite | on: Housing can’t both be a good investment and be aff...

> Real estate seems to be the only venue where I can make a return on my value, and provide some value to people.

What kind of value are you providing by purchasing a house, not living in it and not selling it? When you purchase 2+ house where you don’t live - you are basically removing it from the market - thus increasing the demand/offering ratio and inflating the prices?

AznHisoka on Nov 3, 2018 [–]

What about renting it out to people? isnt that providing value?

elyobo on Nov 3, 2018 | [–]

Depends; if they're only renting because prices have been pushed out of their reach by speculators, then not really.

Some supply of rental property is required, but much less so when housing markets are not out of control.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact