RE: Another Surprise Utility Bill
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By American standards 300% increase in 22 years is not great without even taking into account currency depreciation... The house I bought in 2001 for 265K was sold for a million in 2021 and that is considered poor appreciation here as I bought that house in a bad area. 340K house bought in 2001 in a good area was 2.5 million in 2021...
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I agree this is a very poor return when I compare to my UK property doubling in value every 5 years. If I add business rights I think I could make a bigger return.