4 ms·
Not sure why the downvie guys! Say you buy a $800k prop but $400k is land value. Layer it is $1.6m of which $1m is land value. They can huff and puff and blow
by datascienced 3y ago
Not sure why the downvie guys!
Say you buy a $800k prop but $400k is land value. Layer it is $1.6m of which $1m is land value. They can huff and puff and blow your uninsured house down, and you now have a $1m development lot.
Now clearly it is better to be insured, but insurance doesn’t always come through so this is a hedge.
tldr; location cubed