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After 25 years, the apartment is not worth nothing. People who ignore the bubble expect to sell the apartment after 25 years for the same price, or refinance wi
by toohotatopic 7y ago
After 25 years, the apartment is not worth nothing. People who ignore the bubble expect to sell the apartment after 25 years for the same price, or refinance with another mortgage. With some luck, the apartment is even worth more.
- esotericn 7y agoSure, that doesn't change the fact that you need 4% per year to buy it.