Its wild how the entire country is experiencing a housing shortage
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The other 1/3rd goes to the feds, so they can pay for ~~roads~~, ~~social safety nets~~, nukes, drones, unconstitutional domestic surveillance programs, and Israeli genocide
It's not so simple, my mom purchased a property with her divorce settlement and the return on the investment can be good, but it can also be not as good. She remodeled an Oregon property in Salem and sold it for less than cost later. While she did get rent for it before she sold, she could have saved a lot of effort just buying dividend stocks.
Real estate can be a good investment, but it can be a poor one.
This is really easy... Housing should not be an investment.