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Real Estate
Reply to "River place in Rosslyn"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You dont own real estate instead you own only shares of a company that owns the building. The buildings are on leased land and the lease expires in 2050. I expect the property prices will nose dive at 2020 after which point you will no longer be able to get a 30-year mortgage. Its value will only be a rental value. The land is in a prime location and I expect the owner will take it back and demo those old buildings.[/quote] What happens to the shareholders then?[/quote] Your investment is worth zero. [/quote]
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