not 100% true. if some one have lots extra cash, buy a cheap house is a great ideal ---even though just put there without renting. & just do some basic maintain work. the only major cost is property tax. but, $10000-$15000 for a single house, i dont think that has room to go down further. so, hold for 5 years, very possible the price can go up $15000 [everage price now around --worst area in norcross--buford/jimmy carter] which will = 10 years property tax.
so, almost guarantee to make more money compared with CD, saving or checking.
my personal thing. |