The Tell: Rental properties are a ‘terrible investment,’ says fintech company with $22 billion in assets under management

A decade ago, John Paulson, coming off the absolute fortune he had made a few years earlier by shorting subprime mortgages, reportedly told a packed house in New York to load up on real estate. Fast forward to today, and Wealthfront, a fintech company with $22 billion in assets under management, is offering up a completely different take.

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