5% RE increases per year
Started by hoodia
over 12 years ago
Posts: 154
Member since: Jun 2009
Discussion about
Thats what I have been hearing. Hard to believe almost Barrons has it as the cover story for owners.
It is just to make renters feel bad unless they are investing very wisely otherwise.
Despite lousy financial skills, at least 300_mercer has a sense of humor.
But if stocks resume 10 to 15% per year like the 80s, 90s, then renting becomes a better alternative as 5% house returns are too low. I think lux properties in top areas will do better and mundane properties will be rather flat given the demographics
If you had your money in the stock market index fund you would have made several times 5% per year since 2008, so renters probably think of themselves as smarter, plus they didn't have to pay for any repairs to the apartment during this time. Its nice to own, but not always wise to own!
>If you had your money in the stock market index fund you would have made several times 5% per year since 2008
You know, you can put down a down payment on an apartment, AND put the rest of the money in the stock market. You could even lever your money in the stock market too.
I thought he meant property tax increases will be that much. Sounded low.
Yeah. Funny how it's always an all-or-nothing thing with these absurd stock market-versus-buying-real-estate computations.
Investment dollars are investment dollars. Period.
Housing dollars are housing dollars. Period.
It just makes more sense to not throw your money away for decades on rent.
Unfortunately we are all renters. If you don't pay your property taxes the government(landlord) will take back your property. Owners just pay quarterly where as tenants pay monthly. Fieldschester your right.
We are renters in life.
Nevertheless, if you support smaller government and lower taxes, you will mitigate the concern you reflect.
5%! Break out the champagne!
I am a little pissed that SSOs are down. Now the return is only 588.39%. I need to see a shrink about this.
> I need to see a shrink about this.
No, no. We like you the size you already are.
This year's maintenance increase: 0%.