11 ms·
Seems like a pretty risky investment. Especially as fewer and fewer people will have anything to gain from the NIMBY policies artificially increasing prices.
by swexbe 4y ago
Seems like a pretty risky investment. Especially as fewer and fewer people will have anything to gain from the NIMBY policies artificially increasing prices.
- humanrebar 4y agoThe market (and NIMBY regs) can stay irrational longer than you can stay housed.
- selcuka 4y agoHistorically speaking, investing in property/land has never turned out risky. Initial cost has little significance in total profit calculation as long as you can seek rent indefinitely.