3 ms·
> I sold for a net profit of $125,000 after all fees, commissions, etc. Where does that "value" come from? The entire real estate market is built on the premi
by rue 17y ago
> I sold for a net profit of $125,000 after all fees, commissions, etc.
Where does that "value" come from? The entire real estate market is built on the premise of property valuation continuously raising - causing and eventually surpassing inflation. This is without even accounting for the actual exploitation/gaming of the system.
Everyone has already forgotten, or chosen not to think about it in favour of short-term gain.