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by LukaAl
3782 days ago
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I don't get that. What kind of investment is? I buy an apartment that has for sure some expenses related (concierge of the building, taxes) and depreciate over time hoping that prices will go up? Why not renting that apartment? I mean seriously... Why I can't rent that apartment for few thousands dollars a month? A 1M$ apartment that rents for 4k$ a months returns 4.8% before taxes and expenses, probably 2.4% net. Not a great returns but relatively low risk. And then, if market price raises more than inflation, I could have a good return once I sell it in the future. The same apartment, empty, give me money just in the future if prices goes up. Do you have any statistics for this issue besides anecdotal one that is what I found? |
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