Is investing in housing a losing proposition?
Atlanta Fed researchers question conventional wisdom
Per CNBC, housing investments may be folly -- even with stock prices uneven and bond prices falling, despite recent strength in the housing sector:
Real estate may look like great place to stash a nest egg for the long term. But unfortunately that's not what the two Atlanta Fed researchers, Ellyn Terry and Jessica Dill, found when they crunched the numbers back to 1926.
Their results show that—based on the 13-year average length of homeownership—a home rarely returns more than the S&P 500 stock index.