Agreed.. a good way to think about this is that since you get ~5% annual returns on stocks, annual rent equivalent is ~5% of the property value, and so the opportunity cost is spending ~$750k/βy or $62.5k per month on conference accommodation.
Agreed.. a good way to think about this is that since you get ~5% annual returns on stocks, annual rent equivalent is ~5% of the property value, and so the opportunity cost is spending ~$750k/βy or $62.5k per month on conference accommodation.