What is the reasonable rate of return on a house?
Story writing contest for a Cupertino house [Burbed.com]
Elsie Says:
May 10th, 2008 at 12:21 pmLooked this house up on Zillow
Last time sold: 11/08/1999: $500,000
Scary thought: Apparently also listed in the zip code and Cupertino at the “median” price
• 95014 ZIP code $1,175,500
• Cupertino $1,175,500So question: did they overpay in 1999 or is it reasonable to get 8% per year (over 9 years compounded interest) in increase in their “investment”?
What is a reasonable rate of return on a house?
Good question… what is the reasonable rate of return on a house? I’m guessing 10% for a Real Bay Area House



























