Three Steps to Wealth & Financial Security by Gary Laturno & Victoria Kuick

Author:Gary Laturno & Victoria Kuick [Laturno, Gary & Kuick, Victoria]
Language: eng
Format: epub
ISBN: 9781477497814
Publisher: CreateSpace Independent Publishing Platform
Published: 2013-09-13T04:00:00+00:00

A View from Yale University

“Do not invest in houses”. Robert Shiller

“Home prices look remarkably stable when corrected for inflation. Over the 100 years ending in 1990 — before the recent housing boom — real home prices rose only 0.2 percent a year, on average” Robert Shiller, Sterling Professor of Economics, Yale University

Shiller: “Here is a harsh truth about homeownership: Over the long haul, it’s hard for homes to compete with the stock market in real appreciation”. Recommended reading: “Why Home Prices Change (Or Don’t)” Robert Shiller, The New York Times, April 13, 2013

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