the_third

@the_third@feddit.de

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the_third,

I’ve calculated if it would pay off to build a house with four units on a piece of land that I already have. It would barely pay for itself after 30 years but let’s be honest, 30 years is when the first big renovations are in order. I’m not sure if the “landlords are rich leeches” - trope holds up outside expensive cities with inherited properties.

the_third,

Sounds like a dangerous game, it assumes that property always appreciates value faster than inflation progresses.

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