Homeowners understand that you can't sell a home with 30-year-old roofing, carpet, and kitchen appli

Robert Shiller : "Absolutely! Housing traditionally is not viewed as a great investment. It takes maintenance, it depreciates, it goes out of style. All of those are problems. And there's technical progress in housing. So, new ones are better...
luxury hotel in paris "So, why was it considered luxury hotel in paris an investment? That was a fad. That was an idea that took hold in the early 2000's. And I don't expect luxury hotel in paris it to come back. Not with the same force. So people might just decide, "Yeah, I'll diversify my portfolio. I'll live in a rental." That is a very sensible thing for many people to do.
"If you think investing in housing is such a great idea, why not invest in cars? Buy a car, mothball it, and sell it in 20 years. Obviously not a good idea because people won't want our cars. It's the same with our houses. So, they're not really an investment vehicle."
Homeowners understand that you can't sell a home with 30-year-old roofing, carpet, and kitchen appliances. Sure, the home price might go up, but investors luxury hotel in paris must adjust prices for years of maintenance and renovations.