3 ms·
>b) is selling a propery for more than 3% (inflation adjusted) of the intial purchase value This makes it more profitable to sit and collect rent than to sell.
by carom 4y ago
>b) is selling a propery for more than 3% (inflation adjusted) of the intial purchase value
This makes it more profitable to sit and collect rent than to sell. Property will never change hands. I hope the current owner knows how to build.
- _8j50 4y agoExcept for new homes right? So what if property never changes hands so long as new housing can accomodate population growth? Also, people sell when they move so there is that