this post was submitted on 05 Dec 2023
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A Boring Dystopia

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I had no idea this was going on.

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[–] deegeese@sopuli.xyz 10 points 11 months ago (1 children)

For investment property, the rent determines how much you can borrow against the property.

Long term it’s sometimes better to leave empty for a while than take the valuation hit.

[–] stolid_agnostic@lemmy.ml 1 points 11 months ago* (last edited 11 months ago)

Is "a while" 5 - 10 years? We're not talking about leaving it open for a season, but rather for years and years on end.