this post was submitted on 11 Jan 2024
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[–] nbafantest@lemmy.world 2 points 11 months ago (10 children)

Its wild how the entire country is experiencing a housing shortage

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[–] iopq@lemmy.world 1 points 11 months ago (37 children)

It's not so simple, my mom purchased a property with her divorce settlement and the return on the investment can be good, but it can also be not as good. She remodeled an Oregon property in Salem and sold it for less than cost later. While she did get rent for it before she sold, she could have saved a lot of effort just buying dividend stocks.

Real estate can be a good investment, but it can be a poor one.

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