Thursday, February 22, 2007

Yahoo! - "Report finds residential real estate underperforms other assets" (2-14-07)

"Don't count on home equity to come through with a significant portion of retirement funding, cautions a new report by Fidelity Investments. According to the study, home values underperformed stocks and bonds over every five- and 10-year period from 1963 to 2005. Home values have been slightly above the returns on treasury bills during the same time, according to the report, 'The Equity You Live In: The Home as a Retirement Savings and Income Option.'"

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