If the tenant requires Unemployment Insurance, that will cover the rent. Researching back over 20 to 30 years has shown that ratios have not varied. In every industrialized society in the world accommodation is the biggest share of the cost of living. The increase in Savings Bonds or Term Deposits have been zero . With rental based income, your standard of living would actually have improved over the years.
Real estate tracks the cost of living better than any other form of investment.
Equity value also tracks the cost of living more accurately than any other investment. The future is worry free unless one plans to have others take care of their portfolio. While the Government has collected billions of dollars in premiums, they don't have a cent set aside to cover payments to retired people. 1n time, it is expected the retirement plan will be watered down, taxed back or eliminated just like family allowance. The Government knows it will be unable to look after us.