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You will still earn the difference between the expensive property and the less expensive one. It will just be a lot less and that’s a good thing.

Using properties as store of value or betting on them becoming more expensive have too many externalities.

Your case for exemple is directly leading to people actually living and working in the less expensive places being displaced by retirees from the city which is very much undesirable for local life.




> being displaced by retirees from the city

This is true, but it also creates vacancies in the cities. The retired have to live somewhere..




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