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The calculation: Prices will skyrocket from lack of supply more quickly than the taxes paid on the units. Development and renting it out locks you into contrac
by swagasaurus-rex 7y ago
The calculation: Prices will skyrocket from lack of supply more quickly than the taxes paid on the units.
Development and renting it out locks you into contracts where you can't flip as quickly (low liquidity). So you don't develop or use the land, just wait for your investment to accrue.