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If you're buying rental property (acquiring debt) with the expectation that it will go up and at some point, some day, be profitable to sell it... that's called speculating. It's not the same as investing. And you're being a long term investor in a speculative market. You can do that with stocks, maintain diversified portfolio, and not risk as much money in one spot.

And it you're buying rental property for a tax break... that's not an investment either. It's called a tax deduction.

I know you don't believe me. You should spend some time listening to someone like Dave Ramsey or something.

It's not that I don't "believe" you. It's that your wrong based upon the history of the US over that last 240 years.

You don't think real estate is an investment, it's speculating. Since when do all investments have "no" speculation. And lay out the risk factor of buying long-term real estate.

I guess you have an investment with more leverage and less risk. You are so many standard deviations off center, I can no loner offer you anything. I'm gone. Best wishes to you in your paid off modest home. I hope your money will sustain a long life.