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So your investment is basically a proxy for stock prices? Why not invest in those stocks directly?

Although if all the net worth was due to house price appreciation, stock options don't seem to be making up much of net worth, or weren't included, either of which seems to undermine your argument?



It's impossible to get the same amount of leverage and the same low interest rates on the loan in equities that is commonplace on real estate.


Perhaps, but there are plenty of downsides also. Lower liquidity, having to find tenants, the possibility that your investment may burn down.




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