2min chapter

The Rational Reminder Podcast cover image

Optimal Allocations to Owned Housing & Gender Equality in Financial Planning (EP.209)

The Rational Reminder Podcast

CHAPTER

Long Term Home Owners Are a Risk Free Asset

The value of individual properties can be volatile, but this only matters if he plan on staying in a home for a short period of time. For long term home honors holmes behaved like a perpetual bond that's indexed to the consumption of that exact home. And i think my comment about that exact home is important, because homes area genius. Every house is materially different. Even in a cookie cutt or neighborhood, you know, the house closer to the bust top is better. The house that's not close busy intersection is better. They're all different in ways that can be meaningful enough to sway somebody's decision on where to live.

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