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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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If you had 500K for a Real Estate Investment, what would you do with it?
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Poster Handle
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Anonymous Coward |
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Post Content
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You're going to be taxed to death on RE in the future.
Beware of debt too. IR's will go up and up -- how's about 15% per annum?
Quoting: Anonymous Coward 44564748 Rates can't go up too fast or the economy will be destroyed - taxes can't go up because of assessors limitations... i just had my property taxes reduced. 15% interest rates would mean we'd have to have more employment of better full time jobs and the 1 in 3 living with mommy and daddy will have to come out of hiding. I doubt rates will rise dramatically in the next 20 years - unless there is unprecedented war... in which case all bets are off.
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