Re:Why Britain Doesn’t Build
by badpun on Tuesday June 27, 2023 @03:50PM
(#36497770)
> Landlords grow rich in their sleep without working, risking or economizing.
They are risking. Land value can go up or it can go down. It just has been mostly going up (in real terms) in the past decades, but it's far from certainty. You can lose money by investing in real estate, just like in everything else.
They are risking. Land value can go up or it can go down. It just has been mostly going up (in real terms) in the past decades, but it's far from certainty. You can lose money by investing in real estate, just like in everything else.