It’s been tough to avoid the headlines the past few weeks that the stock market’s been riding a bit of a roller coaster. In fact, many advisors are cautioning clients that the market is overdue for a correction. In other words, sooner or later, it will go down.
After the real estate crash of 2008, many people lost faith in real estate as an investment. However, if you’ve seen the movie The Big Short, you know in many ways, that crash was caused by the stock market too.
So perhaps it’s time to take another look at real estate as an investment.
Here are ten reasons, despite the crash, that real estate is still a good investment.
Of course, real estate isn’t all panda bears and kiwi fruit. It does have a few drawbacks:
Yes, I’m a Realtor. So I’m somewhat biased. But as a real estate investor myself, the pros outweigh the cons. Real estate is a great way to diversify your investment portfolio and make sure, no matter what, you can spend your retirement the way you want to.