Also, the idea that buying property is a key driver of wealth relies on a bunch of assumptions regarding buying in an area where the cost WILL go up, where there isn’t some massive, hidden maintenance cost (oh, the roof contained asbestos and we didn’t know) and that the housing market in general will remain insane.
I’m moving back to Geneva, and recently read an article stating the Swiss housing market has gone up by 94% for apartments , 80% for houses between 2000 and 2021.
That’s not sustainable…
Also, the idea that buying property is a key driver of wealth relies on a bunch of assumptions regarding buying in an area where the cost WILL go up, where there isn’t some massive, hidden maintenance cost (oh, the roof contained asbestos and we didn’t know) and that the housing market in general will remain insane.
I’m moving back to Geneva, and recently read an article stating the Swiss housing market has gone up by 94% for apartments , 80% for houses between 2000 and 2021.
That’s not sustainable…