And are you considering the risk factors and worst case scenarios when it comes to housing?
Housing is not as liquid, and prices can also go down as well as up. Often there are large transaction costs associated with buying/selling property.
What if an event happens that is not covered by insurance? Subsistence, large-scale repairs required etc. Changes in housing regulations c.f. the fallout from Grenfell in the UK.
There are risks in both, and risks from housing can also be large. The leverage offered by banks works in your favour in good times but can work against you in bad.
Housing is not as liquid, and prices can also go down as well as up. Often there are large transaction costs associated with buying/selling property.
What if an event happens that is not covered by insurance? Subsistence, large-scale repairs required etc. Changes in housing regulations c.f. the fallout from Grenfell in the UK.
There are risks in both, and risks from housing can also be large. The leverage offered by banks works in your favour in good times but can work against you in bad.