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That's the premium you get for owning property in a B city. Imagine having a portfolio of 50+ properties in Detroit in this day and age. Imagine owning high val
by charlesdm 11y ago
That's the premium you get for owning property in a B city. Imagine having a portfolio of 50+ properties in Detroit in this day and age. Imagine owning high value property in a city like Detroit - it'll be hard to sell, hence the premium.
- atwebb 11y agoI guess so, our current city is redhot property wise so anything is expensive relative to what it was, the other city has a very large portion of renters which lends to the increased cost I'm guessing.