how much did yours house lose you

  1. rebel1
    26,638 Posts.
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    18/02/14
    08:15
    Post #: 12948668
    Well, as soon as you buy a house you lose...stamp duty, and legal costs etc...so $20-30 k min...

    So that is a good start....(of course when you sell you pay agent fees and legal costs..so another $20-30k min..

    So on a $500k house it needs to go up 10 to break even....

    just another view..as opposed to how much did your house earn.. which is always subjective until you sell and have all the costings etc..
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