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If you buy expensive taxable objects like houses/cars you can't afford to keep them and you must get rid of them quickly, probably at less then they're worth
by riquito 13y ago
If you buy expensive taxable objects like houses/cars you can't afford to keep them and you must get rid of them quickly, probably at less then they're worth
- minopret 13y agoThat almost happened when my wife, my eight-year-old daughter, and I were playing Monopoly last night. I didn't think there was anything very realistic about Monopoly, but here it is. We were adding houses without keeping sufficient cash to cover the possibility of having to pay rent on another player's house-studded property. Although you don't lose anything by mortgaging and unmortgaging properties, when selling houses back to the bank you lose 50% of what you spent.
- smileysteve 13y agoYou're supposed to pay a 10% "fee" to the bank when you un mortgage.