He still has it.

It grows into the existing income.

I've leased it from the government and during the last five years,

You know that rental place on Boilston?

I'm looking for an apartment to rent.

So this is cost of renting a similar home.

Ok, this is your rental agreement in English.

I want to rent this room to a student.

Some people, they'll make some set of assumptions and say, ah ha!

You can make it only step up every year.

More unemployment results in less tax revenue through income tax.

UPS, and FedEx, and Postal Service.

Worrying about bills or the rent or the Super Bowl.

The union won a 5 wage increase.

Can you pay for the drinks and let's go?

They must have had a good income, for that time.

And I would argue, to some degree, that rental price inflation over the long term should not be that different than housing price inflation.

But I want to compare that to what happens if I take that exact amount of cash, after adjusting for how much money I get back from taxes.

But your savings in terms of how much you have in the bank.

We're literally beginning to realize that we have wired our world to share, swap, rent, barter or trade just about anything.

Milton Friedman prioritized a lean, free market economy.

I know taxes are bad words and I don't like them myself, but it essentially can extract these rents from the U.S. economy, right?

Or the other way to view it, when you borrow money, the interest is kind of rent on the money.

Whatever you think, probably the inflation rate.

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So in this period, I made 350,000.

Let me put that.

It's the top line of the income statement.

And then your savings account at period one would be this amount of money and whatever return you got it, plus the difference between your cash out from buying a home and your rent.

And if I were to just give you that 100 back, you would have collected no rent.

You sell the widget. You give a customer a widget, and they give you some money.

Investment income.

When the car factories are empty, people lower the price of car factories.

And then the company might have made some money there.

Maybe there's a lot of demand for this type of asset, where

Student I feel as stupid after all you've said, as if a miller's wheel were whirling in my head.

4 out of 10 Germans earn their income through paid work, work which allows them to earn a living, gainful employment.

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So why would you just throw away this is the classic rent versus buy argument why would you throw away 900, where you could actually build equity paying 400 a month for the exact same place?

No, no, no. Mr. Pfeiffer wants you to keep that.

How much?

Takada and her family abandoned their home 23 kilometers from the Daiichi plant.

I used to loan it to him every once in a while, you know, when he wanted to go fishing.

An income tax is levied on any income that exceeds deductions.

EBlT in this case would be the operating profit plus this investment income.