Fair comment.
I paid $50,000 18 years ago for my current home.
Recent valuation $800,000.and that is conservative.
Average home in the suburb $1 mill.
Free rent for 18 years and tax free.
At or near retirement sell and buy in a less affluent area or country.
Cash left to invest however I wish.
My investment home $95,000 in 2000.
Current valuation $275,000
Average home in the area $350,000.
Trying to keep liquidity in investments in my view is counterproductive.
If I need cash in a hurry it is a simple case of a phone call.$50 transaction fee,repay at current interest rate.
No need to sell.It is called redraw.
It is true that these investments show staggered and sometimes negative returns in a set period.
So do all the others.
Show me one of your portfolios that will show long term growth like these and I,m sold.