59. “98% of our net worth is in real estate. Are we in trouble?”
Money For Couples with Ramit Sethi
00:00
Do You Understand the Value of Real Estate?
Yamin: I like to say, well, real estate does the same thing, but it is riskier. But yamin, i do understand a how it works. Every year the interest it was gained goes to the principle. And it happens again and again. So its its, you know, essentially, that's it, right? Yes? It's just, yes, growing upon itself. Ood, no, a real estate does sort of work the same, although it's a totally different asset class with a different risk profile. We all forget to factor in the cost. If we were doing a true accounting, are you all factoring at how much your hourly rate would
Transcript
Play full episode
