Comment on ‘This is stealing’ ; Instagram account lets you squat in metro homes
FontMasterFlex@lemmy.world 4 months agothey don’t appreciate nearly fast enough to make up for the lack of income.
depends on where you are. i bought a new house 3 years ago and within a year the value of my house had increased nearly 100k.
CanadaPlus@lemmy.sdf.org 4 months ago
That’s one hot market.
Most of the time they don’t do that, though, and there’s a good chance if you had rented it out the wear and tear would not have reduced that value very much, so there’s still not a lot of “opportunity cost”.
FontMasterFlex@lemmy.world 4 months ago
to be fair it’s leveled out since. it’s still up that much, but didn’t continue the meteoric rise.