4 ms·
You are neglecting opportunity costs: if you could earn double (appreciation + rent) instead of just appreciation, you're leaving money on the table.
by vincentmarle 5y ago
You are neglecting opportunity costs: if you could earn double (appreciation + rent) instead of just appreciation, you're leaving money on the table.
- sib 5y agoBut also avoiding a very real possibility of significant costs (property destruction, litigation to remove bad tenants, etc.)
- BirdieNZ 5y agoThink about this: land value appreciation is so crazy that you can not charge rent and still make enough money that a property has a good return on investment.
- boring_twenties 5y agoThat extra money comes with additional risks, which the parent has judged to be not worth it.