does property reduce your wealth, page-2

  1. Hahndoe
    467 Posts.
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    08/05/14
    12:58
    Post #: 13340043
    I feel I should clarify my thoughts a bit better

    If I own a $500,000 house and renting it for $15,000 (cash flow +ve) and the price of the house falls to $400,000 then it's still an ok investment

    If I own a $500,000 house and renting it for $15,000 (cash flow +ve) and the rent falls to $8,000 then it becomes a bad investment
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