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It depends on your market. We're seeing a lot of Chinese capital (cash) being dumped into real-estate since it's seen as a cheap investment that produces good r
by astrodust 10y ago
It depends on your market. We're seeing a lot of Chinese capital (cash) being dumped into real-estate since it's seen as a cheap investment that produces good returns.
In this bubble that house is appreciating at 17% per year or more. If you're leveraged you can get higher returns, but finding someone to loan you the money may be difficult. If you've got cash, just dump it on properties and let it appreciate.