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appreciate the nuance. what about all cash offers though? i understand high interest rates change these equations, but influx of egregious capital from China fo
by apsurd 3y ago
appreciate the nuance. what about all cash offers though? i understand high interest rates change these equations, but influx of egregious capital from China for example, all-cash offers is a problem no? they break the equation if they need places to store capital. they aren't affected by interest rates and so sit on property and weather any storms.
- Thorrez 3y agoIf the tax rate is high, then property won't be a good investment. They'll be paying high tax on a small value property. The high tax will discourage people from buying property as an investment.