Re:Stop Buying Real Estate in SF
by roymurdock on Thursday January 14, 2016 @08:32PM
(#10906432)
My point is that housing is not the only asset that has seen considerable appreciation since the recession, and that not all housing is created equal.
I agree that factoring in rent bumps up the rate of return quite a bit in high-demand urban centers.
You are simply not adding in rent. A $262,600 house would generate $1400 monthly rent, ~$117k in rent for the 7 years (not raising rent).