Korkenzieher wrote:So net-net, if you discount the rent against the value of the house as it was 14 years ago at 100% you have a 2.84% compounded rate of return on the capital employed. Adding the rent back in brings it to 3.88% (assuming rounding on all figures, and that you didn't have any debt to service). It's OK, and quite reasonable considering what has happened in that time period - but my point is very simply that there's plenty of investments which would have offered you more.
However, as zeitgeist pointed out - different people want different things. While private residence properties may offer many things - security not least - investment performance generally isn't one of them.
Well, well, well, at least you got the reply to your: "I'd really be quite interested to know - indeed surprised to learn - if it gets even marginally above zero."
And yes, I am rather sure that by hindsight I could have made much, much, much better investments than I actually did when buying a villa in Hua Hin. And yes, I am sure there are several fancy ways of calculating how many - nay: any - other way would have been a damned sight better and more sensible investment than the one I made.
There's always one, you know.
And due to my ignorance I am happy just the way I now am.
I wish you the same!