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How will they use it as collateral if it has no value upon sale? Similarly, why would the next place be expensive if it couldn't be used as a speculative asset
by snovv_crash 15d ago
How will they use it as collateral if it has no value upon sale?
Similarly, why would the next place be expensive if it couldn't be used as a speculative asset?
- pmontra 14d agoI guess that it can be rented or built upon. It's easy to imagine renting a field to a farmer but money is money, so why not letting somebody else build flats over one's land?