If you own your home, you’re the de facto property manager. Your job is to maintain your property and replace its various components as they depreciate. As the property manager, you must both hire professionals to do the maintenance and pay them for their (hopefully) excellent work.[1] [2] Being a property manager can be a[Learn more…]
Real Estate
Housing as an Investment – a Cautionary Note
In a recent New York Times opinion piece, Robert Shiller, the Nobel Prize winning economist at Yale University, suggests strongly that the housing market is a riskier place to invest than securities markets, as housing market prices are less likely to be rational and efficient. He proposes two reasons that may seem rather technical, but[Learn more…]
