Comment on Houses in my area increases 82% in just 4 years

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PriorityMotif@lemmy.world ⁨1⁩ ⁨month⁩ ago

Not exactly a good business strategy. You can deduct the taxes, insurance, management costs, but you have to amoratize depreciation of the building over 28 years. Not to mention that an empty house is going to start developing problems fairly quickly.

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