Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Tuesday, April 22, 2014
Real Estate - A Good Investment?
An article worth reading:
http://www.washingtonpost.com/opinions/catherine-rampell-americans-think-owning-a-home-is-better-for-them-than-it-is/2014/04/21/5e9f4dd2-c979-11e3-93eb-6c0037dde2ad_story.html
A key fact:
“
Over the past century, housing prices have grown at a compound annual rate of just 0.3 percent once one adjusts for inflation
…”
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