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Old 10-23-2017, 09:51 AM   #3196
Weitz
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Join Date: Mar 2013
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Quote:
Originally Posted by Flamenspiel View Post
The real estate wheel tends to come around on things like this. Its not just about you, who are you going to sell your house to when the time comes to cash in your chips?

Lets say you were frugal and even paid for your house already. Next month you get transferred to Toronto and have to sell your house, this policy may have just cost you 10-20% of your tax free sale profits. Of course, you could rent it out, but in this case everyone is in the same boat, so rents suffer as well....
I don't really understand what you are saying here? Rates should be kept artificially low so prices continue to rise? Because I may need to sell down the road and I should make money on my investment?
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