The value of a home is determined by the rent it could fetch.
Calculate the future rents, subtract mortgage payments, taxes and other costs, factor in a good annual rate of return of 6 percent or more, and one should be looking at the proper price of a house or condo.
REF: http://www.nytimes.com/2006/04/01/business/01bubble.html
Z'all the scrap • ø Ø Þ One Day we will find out what to write here
UPDATE-2:nothing PC
UPDATE-3:for the lazy man
UPDATE-4:Mars Venus
º Cilacap, Indonesia º
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