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Old 21.04.2020, 00:30
hurbertschneider hurbertschneider is offline
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Location: Zurich
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Re: Sell or not to sell

Thanks for the quick answer and relevant questions.

"Why did you buy it?"
Several reason:
1. Has been observing the market for years and it was something I liked for a fair price, not a fenomenal deal but a relatively okay one.

2. Wanted to have a place called home been in relatively many countries and could have could have bought a place 3rd, 4th of a price in Norway, California(different quality) or Canada

In Switzerland housing is quite high, minimum 50% higher than surrounding countries, that's why been thinking about that a larger price adjustment is quite possible but just speculation at this stage.

"What else would you do with the money?"
Well, have some not so solids plans, been into some greenhouse and alternative energy topics lately, nothing really solid.

"How long would you have to rent it out to earn that same 45K?"
4 years
a possible price adjustment of 35% could mean also a loss of 300k
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