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Old 31-01-2019, 09:06 AM   #76
cscs3
Arch-Supremacy Member
 
Join Date: Jun 2000
Posts: 20,263
Did you take into consideration increasing bank loan rates, months unrented out, agent fees ?
Some people may hop when loan rates increase, he will also increase the rent. Sometime it don't work well then you have big amount of money hold up.

Out look for economic is not well. Also, population is not growing or growing fast. So a large percentage of estate depend on foreign investment. These investment can come and go. So think twice if you are not buying for own use.
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