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Greg Miller
@GregGinYYC
Calgarian. He/him. Tweets are my own.
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Apr 29, 2023
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6 tweets
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3 min read
Imagine you rent a $873,600 home for $17,000/yr, or $1417/mo. You pay $27,000 upfront for landscaping.
Your lease is 35 years. You pay no upkeep.
Your annual rent increase is 1%. By Year 35 you’re paying $2,000/mo, but with inflation you really pay LESS than $1417
#yyccc
/1
Now you also agree to contribute $13,200 towards a $52,000 guest house at the back that is open to the public.
Of course your guests get to stay there, too
#yyccc
/2