Comment by pineaux
4 days ago
this is not true, this is the basis for housing speculation. Holding vacant overpriced houses until they sell. Its not a loss until you close the sale.
4 days ago
this is not true, this is the basis for housing speculation. Holding vacant overpriced houses until they sell. Its not a loss until you close the sale.
Of course it is. Real estate incurs significant carry costs.
this doesn't make any sense; you're tying up significant resources and losing out an the alternatives. Nobody evaluates investment returns in isolation.