[X.com] by @GarettJones
A reminder that Òscar Jordà et al. found that housing really is a great investment once you include the value of rent:
High return, low risk
[I say, happily living in an apartment] https://t.co/KmlSOfkytZ
Quoted Tweet:
Garett Jones
@GarettJones
Yes: As Fama wrote in his Nobel address, if you bought a house and starting renting it out the day that Shiller called a housing bubble, and then sold the house at the lowest point of the housing crash, you probably made money.
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Fri Oct 31 17:09:54 +0000 2025