Why we concluded that buying a home is too risky

The Washington Post (01/02/2017)
  • After exploring home buying, renters Adina Solomon and her husband found that ownership is riskier than most believe.
  • During the greatest period of US economic expansion (1890-1990), inflation-adjusted national home prices increased by only 1% per year.
  • Housing expert Robert Shiller found that most homes (nationwide) appreciate at the rate of inflation; many of us incorrectly believe that major-metro area appreciation (eg NYC, DC, LA) occurs everywhere.