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So you think that capital investments (in this case property) should have zero risk, in other words guaranteed returns?
by 205guy 10y ago
So you think that capital investments (in this case property) should have zero risk, in other words guaranteed returns?
- alasdair_ 10y agoObviously not. If the price is too high, people will not pay it.
- vonmoltke 10y agoI didn't say anything about zero risk. As the sibling comment indicates, if the cost is too high tenants will refuse to pay it by not renting the place. How long it takes the landlord to recoup the costs will depend on the local market for rentals.