alt Hacker NewsI lost money on the houses I've bought. This is because I factor in the cost of the mortgage, property taxes, real estate commissions, maintenance, insurance, etc.
Houses are lousy investments.
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forgetfreeman • today at 2:49 AM
You may be the worst real estate investor I've ever heard of. If housing was actually a lousy investment Blackrock and Berkshire Hathaway wouldn't have real estate holdings and they're both in the residential market in a big way.
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You might want to revisit your analysis under more standard accounting guidance.