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0 pointslaughing_man7d ago0 comments

That's not the way it works. The "increase in area pricing" is just the result of adding new units. The older ones don't go up in value, so there's no increase in value to capture.

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forgetfreeman7d ago· 2 in thread

That's absolutely how it works, I've benefitted from the process several times in some areas and been entirely locked out of the market in others. You might need to closely examine the process (and margins) around house flipping if you're confused on this point.

laughing_manOP7d ago

That's not how it works in my experience. And I'm old.

forgetfreeman6d ago

I've made the bulk of my wealth in residential real estate, and I am likewise old.

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