• FontMasterFlex@lemmy.world
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    11 months ago

    they 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
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      11 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
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        11 months ago

        to be fair it’s leveled out since. it’s still up that much, but didn’t continue the meteoric rise.