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If they buy properties as an investment, why not rent them out? If you dont want the hassle, there are property management companies that will handle everythin
by andrewmutz 5y ago
If they buy properties as an investment, why not rent them out? If you dont want the hassle, there are property management companies that will handle everything for you.
- danielmarkbruce 5y agoIt's more a place to store value - they aren't looking for a return on it per se. It also adds complexity tax wise. If you have a lot of money in a jurisdiction where it could "disappear", just dumping it in real estate in a safe jurisdiction is attractive.