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by nabla9
2635 days ago
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> Except that it will cost a lot more to build, insure and maintain. Those are not counterarguments. Increasing running costs directly decrease property values. The property value vs. replacement property value will adjust. Consider normal case whre property price is $1M, upkeep an maintenance etc. cost is $10k per year and investor gets $70k in rent. Now change it to property price being $100k, yearly cost $30k per year and investor gets $60k in rent. Witch one has better ROI? |
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