Why Land and Homes Actually Tend to Be Disappointing Investments
You're doing it wrong?  Cashflow?  I am slowly making my way to independent wealth BECAUSE of land/home investments.  But it is because they are in production of providing good homes to people (multi-family residential), not farming (large part of the short article) nor waiting for the turf itself to appreciate.<p>Even the investment in farmland is not taking the production of the business into account.  Wouldn't that be similar to investing in some servers, but letting them sit and hoping they appreciate in value, rather than being involved in what the servers are doing?<p>This article seems so at odds with land/home investment, I am wondering what Schiller's real motivation is with it, or if it is taken out of context...<p>What am I missing?