I don't have mortgages since all my properties were bought with cash so my case is pretty clear-cut. My annual return is 10%. There are some headaches as a small landlord as well as the liquidity issue as you have pointed out numerous times before, but since we have pretty much established that the housing market historically catches up inflation and manages to maintain its real intrisic value, wouldn't my 10% annual return, which is on top of the inflation, be considered a good return? I always thought 10% is pretty good since I truly cannot find any investment instruments that can deliver a return at such a steady level. Am I right, or am I making a big mistake here?
Please take a look at my case.
所有跟帖:
• in that case, -basicenglish- ♂ (446 bytes) () 04/23/2011 postreply 20:09:18
• But the 10% is on top of inflation, isn't it? -长岛石溪- ♀ (410 bytes) () 04/23/2011 postreply 20:16:35