3 ms·
That sounds odd - a 10% increase in (invested) value over 16 years? Isn't that below inflation? (according to random site on the internet, it's a little below
by e12e 8y ago
That sounds odd - a 10% increase in (invested) value over 16 years? Isn't that below inflation?
(according to random site on the internet, it's a little below inflation:
https://www.in2013dollars.com/2002-dollars-in-2018?amount=300000 https://www.in2013dollars.com/2002-dollars-in-2018?amount=30... )
- sokoloff 8y agoYou can't reasonably count things like lawn maintenance, carpet, water damage, wood rot, and broken appliances as part of the investment...
- _ah 8y agoSure you can. If you were renting it out instead of living in it, all those costs would have to be paid on behalf of the tennents. It's part of the cost of doing business. So whether you rent or buy for yourself, it's all part of the investment calculation.
- sokoloff 8y agoIt’s part of the natural expenses of owning a house, but is not relevant to an anticipated inflation-based increase in value of the underlying asset.