ROI on Housing…..Zilch?

Someone’s just pointed me at an article in the Federal Reserve Bank of Philadelphia Business Review of Q3 2010 which essentially put the ROI of home ownership in the States over a 35 year period at slightly less than zero. I realise “we’re different” but thought it might be worth pointing out.

http://www.philadelphiafed.org/research-and-data/publications/business-review/2010/q3/brq310_benefits-and-costs-of-homeownership.pdf