Re:Denver rent is back to 2022 prices after 20k new units hi...
by bombcar on Thursday July 31, 2025 @11:44PM
(#44752825)
Add it up and work it out; factor out the land if you must (e.g., pretend it’s a landlord business and you’re renting to yourself).
Maintenance items add up, and some only happen every 20-30 years, it can hit hard. A new roof every 30 years at $10k is already noticeable.
Re:Denver rent is back to 2022 prices after 20k new units hi...
by jjav on Friday August 01, 2025 @03:19AM
(#44753899)
> A new roof every 30 years at $10k is already noticeable
That'd be $333/year averaged out, two orders of magnitude away from 30K/year example of OP.
Re:Denver rent is back to 2022 prices after 20k new units hi...
by sokoloff on Friday August 01, 2025 @09:23AM
(#44756440)
The $10K roof is noticeable precisely because it's an outlier that pulls the average up towards the 1-2% per year range for all but the least expensive houses.
If houses really consumed 5-10% of the purchase price on average per year, people wouldn't worry or talk so much about roof replacements; they'd be just other drops in the bucket.
I assure you I am not paying ~$30k in maintenance on my ~$400k house every year... that would be comical