FairAndUnbiased
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what you say is possible in theory ... in reality folks with moderate amount of education are winning the wealth war in America
my understanding is that a motel purchased in 1980s is 4-5x more in value. the motels generate income unlike the home you live in
Gulf Arabs own hundreds of billions in assets. a lot of assets were purchased dirt cheap during the petro-dollar boom of the 1970s
Motel purchased in 1980's may indeed be 4-5x more valuable. A residential building is the same on average, but much more in certain markets.
The home an individual lives in indeed doesn't generate revenue. But you can buy additional homes.
The difference is that when you rent out long term to a tenant, they perform unpaid labor for you: cleaning, minor pest control, minor maintenance, etc. That's all value that you are getting for free. Meanwhile their rent pays your mortgage even as prices rise on average so eventually you gain income over mortgage as rent rises.
A motel on the other hand has tenants of such short terms that, while they provide higher value per tenant, there will always be a nonzero vacancy rate, and all the unpaid labor performed by tenants now has to be performed by you (a losing proposition if you can get a regular job that pays higher than what you'd need to hire that labor) or you have to pay for labor including property management, cleaning, maintenance, etc.