Timeline for Buying property in Switzerland
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
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| Sep 23 at 7:30 | comment | added | grisha | Thank you @PeteB. for taking time to answer my question. I agree that every month I would be losing a little, but at the end of 30 years, I end up with a very valuable asset that secures my retirement. Isn't it worth it? | |
| Sep 21 at 17:18 | comment | added | quarague | I think this answer is mostly based on the 'ease of calculation' numbers of 500k apartment price versus 1k monthly rent. It is true that an apartment price of 500 monthly rents is a terrible investment. But if by the same token OP had chosen say 200k apartment price verus 2k monthly rent for 'ease of computation' you would write that this is a to-good-to-be-true investment. | |
| Sep 20 at 18:56 | history | edited | Pete B. | CC BY-SA 4.0 |
added 814 characters in body
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| Sep 20 at 18:56 | comment | added | Pete B. | @CactusCake TY for your input. I edited my answer to make it better. | |
| Sep 20 at 18:32 | comment | added | CactusCake | Losing 50 cash but gaining 650 equity each month (gradually going up as the loan amortizes). But your other points are valid, there are more profitable ways to invest that 200k. | |
| Sep 20 at 16:46 | history | answered | Pete B. | CC BY-SA 4.0 |