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Take a mortgage of 15 million and rent?
If you search around, you will find thousands of offers for sale of a three-room apartment of 50 square meters above the first floor in Moscow for 15 million rubles. You do not have to choose the area and the house, although this is exactly the case. We go to the website of half of the Russian banking system and use a mortgage calculator to calculate the mortgage payment for 20 years. Resale for 15 million dollars with a down payment of 10%. We take a loan of $ 13.5 million at an interest rate of 24.5% with monthly payments of about $ 280,000, and we bow low to you for this. The amount of the monthly payment never stops or surprises us. We will go all the way. We download the table of monthly payments from the calculator and plan loan payments for 20 years. In the first four years, we will pay the lender 13.5 million rubles. This is the amount we borrowed. Over the remaining 16 years, we pay him (his billionaire investors) an extra 53 million rubles to keep things going. We invest $1.5 million with a private lender, borrow $13.5 million from him, and pay back $15 million. apartment. That's right, we have no money. But I have a two-bedroom apartment in an ordinary building in an ordinary neighborhood. Living in this three-bedroom apartment, we earn over $300,000. Every month and for the next 20 years, we pay our creditors the $13.5 million we borrowed from him, plus another $53 million. If we don't pay, the lender will take our two-bedroom rent and move us into a refrigerator. If God continues to illegally give him rubles, as usual, he will exchange his money over the next ten years. Raise the ruble by 80%, and then again by 80%. The overall devaluation will be about 96%, which is very similar to the -95% devaluation over the past 20 years. God's providence will increase the value of the ruble. But the progressive greed and stupidity of Moscow boyars, building up their city with multi-story chicken coops, will suppress the growth of prices. At the same time, the rate of creation of free rubles certainly significantly exceeds the rate of creation of new home meters. Therefore, the ruble price of an apartment will probably be higher than now. However, it is still unclear how high the price of long-term rent of a 50-room apartment in Moscow will be. Up to 100,000 ads per month, up to 150,000 ads per month. There is not much advertising laziness, but there is a choice. We rent and buy for $ 100,000. We will live there for several years, and then move to Gagarin's hometown when it becomes too expensive. We will grow artificial meat there and sell it to Moscow lovers for a thousand dollars per kilo))
I write for money on bytetopic. I am on zen and telegram. I invest in growth assets such as gold.