kalkulat@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 9 months ago‘This is stealing’ ; Instagram account lets you squat in metro homesnews.yahoo.comexternal-linkmessage-square97fedilinkarrow-up19arrow-down10
arrow-up19arrow-down1external-link‘This is stealing’ ; Instagram account lets you squat in metro homesnews.yahoo.comkalkulat@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 9 months agomessage-square97fedilink
minus-squareFontMasterFlex@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down1·9 months ago they don’t appreciate nearly fast enough to make up for the lack of income. depends on where you are. i bought a new house 3 years ago and within a year the value of my house had increased nearly 100k.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkEnglisharrow-up0·9 months agoThat’s one hot market. Most of the time they don’t do that, though, and there’s a good chance if you had rented it out the wear and tear would not have reduced that value very much, so there’s still not a lot of “opportunity cost”.
minus-squareFontMasterFlex@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down1·9 months agoto be fair it’s leveled out since. it’s still up that much, but didn’t continue the meteoric rise.
depends on where you are. i bought a new house 3 years ago and within a year the value of my house had increased nearly 100k.
That’s one hot market.
Most of the time they don’t do that, though, and there’s a good chance if you had rented it out the wear and tear would not have reduced that value very much, so there’s still not a lot of “opportunity cost”.
to be fair it’s leveled out since. it’s still up that much, but didn’t continue the meteoric rise.