One normally refers to stocks and bonds as blue chip investments. Shouldn real estate be included in this category?
A well-built home in a good neighborhood is, indeed, a blue chip investment. In fact, real estate values – long term – increase more than the value of stocks and bonds. And housing values have always more than kept abreast of the general rise in consumer prices. There is not reason to believe that this situation will change in the future. There is an increasing demand for homes. Also, real estate tax breaks allow you to keep more of what you earn. It’s a blue chip investment – plus!
