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Reply to "Why buy real estate when population isn't growing?"
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[quote=Anonymous]I’ve been thinking about this given that we downsized a couple of years ago and kept our larger house and rented it out, but are now getting ready to sell it. The potential tax hit is the biggest driver in this decision along with a disinclination to deal with the risks associated with being a landlord. But I kept thinking about how I kind of liked the idea of having some money in real property given how things are in the world—and it’s always good to diversify. But yeah—I’ve thought about the issue posed by OP as well and how that could play in. But I think that inside the beltway in DC is not likely to become a wasteland of real estate nobody wants. [/quote]
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