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Not to mention that real estate needs constant investment to keep it in working order and up to code. This is not the case with equities.
by pwthornton 9y ago
Not to mention that real estate needs constant investment to keep it in working order and up to code. This is not the case with equities.
- eurg 9y agoThey use net returns (after operating costs etc., p.31), and provide an argument why leverage doesn't make a large difference (p. 40).