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If you already have 3 houses in your home country, but are living in the US on visa, does it make sense to buy anything in the US with all the uncertainty? If the future is remote work, I can definitely live in India and work for anywhere in the world. Instead, Why not invest 100% in liquid markets like digital assets stocks equities etc where you can take it with you If you have to leave the US tomorrow? Cons of real estate investment -Hidden costs like unexpected maintenance -High property taxes in some states -Insurance -You are tied to one place atleast for a couple of years -Sleazy middle men like brokers for opening, closing , assessment costs, -Inspection Costs - Investment does not compound And the list goes on... Digital assets don't require any maintainance If you were dollar cost averaging every month both in bull and bear markets in low cost index funds. Historically S&p 500 has returned about 8 to 10% in very long time periods and most importantly, **it compounds** So what do you think is a better investment if you already have houses in India ? I think I'll go with 100% real estate . Not interested in marriage, since that's another long term commitment
“Investment does not compound” lol clearly you have no idea what you’re talking about.
Well if you go live in India then you will be paid market rate in local currency which is rising
Spoken like a guy without kids and doesn’t need space. What does it cost to rent a nice 5bed house with a yard in a nice school district where you live? If you can’t answer this in a second, you don’t know jack about real estate.
Housing has made a lot of people a lot of money. Just look at the 7%+ appreciation rate over the last 40 years in Bay Area. Property taxes in CA are the lowest in the developed world once you live in your home long enough due to prop 13. You literally get paid to live for free in USA. The commissions suck of course which is why you try to use real estate attorney to write offer for a fixed price like $200 and get back the rest of the commision. Selling time you still may need to pay 2.5% to buyer agent even if you can minimize seller fees
depends how you look at housing too, a place you live in can't just be loved at as an investment vehicle