I run a industrial distribution business and I have long struggled with the idea of buying our own property. I would have to more than 10X our business to cover the increased fixed costs plus I’d have the EPA OSHA and probably a dozen other acronyms up my ass. I prefer to keep it lean and used third party warehouse space. Surprisingly prices for that have not moved up nearly as much as commercial real estate.
Discussion
totally understand the challenging decision. it’s a real bind. especially now having bitcoin exposing reality.
i guess despite the fact it is ultimately not a great investment to own, it’s probably true if you were in a location long term it would be optimal to own - as opposed to contributing to someone else’s mortgage repayment.