this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
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[–] abraxas@sh.itjust.works 1 points 1 year ago

On average, the same amount of money dropped into the NASDAQ will have much better overall returns. Real estate ROI is about 4% per year, where the stock market has held close to 11% over the long haul nearly a century.

For small-time landlords, it's often about "I have a place for me or a family member to live if things go bad". For bigger ones, it's the tax-shelter and the low volitility of real estate, as well as diversity in case you need to sell when their stock is down.