Re:Wave of US labor unrest could see tens of thousands on st...
by WalterBright on Saturday October 02, 2021 @02:10PM
(#28730665)
It's even more worthwhile to collect rent on it for 10 years. How much rent can you accrue in 10 years on a posh $5m house?
A price doubling in 10 years is only a 7% rate of return, which is below what the stock market in the US averages.
(Prices may double, but you've got inflation, taxes, insurance, vandalism, theft, maintenance expenses, and non-trivial amounts of your time in the meantime. None of this is free.)
A price doubling in 10 years is only a 7% rate of return, which is below what the stock market in the US averages.
(Prices may double, but you've got inflation, taxes, insurance, vandalism, theft, maintenance expenses, and non-trivial amounts of your time in the meantime. None of this is free.)