Quote:
Originally Posted by Hack&Lube
Proportionally, for a hockey player making north of $5M USD a year, buying a home would be somewhat equivalent to one of us buying an beater car and then selling it the next year when we are done with it.
It's not a big deal for them and it may be that they want to make modifications to the property such as renovations, etc. while they are living there whereas they could not do the same to a luxury rental property.
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Yeah exactly. I don't really have an interest in his personal life but making a real estate investment means little about future plans.
Now if he was making massive reno's or customizations, that would be a clearer indicator they wanted to stay. Or whether he bought his dream home vs. something less expensive that they knew could be easily flipped in a year.
Get the internet detective out pulling permits and doing property searches.