we may wonder if the cleaning cost for the Baby oil are too much with the cellar furniture being too irritating, or if this is the start of understanding the Real Estate dilemma: If it does not make rent, it is not profitable. If it is based on estimated value, but does not make any rent, it is fraud. Possibly legal, but still legal fraud. The value!
Look at it: You have a house that has tenants. They pay rent. There is some maintenance and if you are a good guy, you upgrade the house from the profit to keep maintenance low, energy use low and make the house more attractive to keep the tenants long term creating a long term predictable revenue stream.
You buy a house in a remote area of town. No one will rent that house. It has no revenue. Maintenance is high being in need of regular checks against burglars with high insurance costs against fires. Despite creating minus, the house gets a on paper value of plenty of times the long term stable revenue house, based on the assumption it will be eventually sold again.
Who will take and get a credit on his property??
How do you pay back credit having no revenue .... and no buyers.
So, in 1990 it was 275 Thousand Billion Dollars. Today in 2025 it is 2.400 Thousand Billion Dollars. I still remember how I had to keep my mouth shut cutting down on just staring when those fake Americans in the U.S. Branch of the company I worked for tried to show off that they got a Government cheque of a few hundred bucks, me so high taxes in Geee, while fuck for well understanding what you can get with an American Passport, Credit History and no Goldfever what so ever.
