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by jedberg
528 days ago
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The vacancy rates are deceiving though. If you have a place that is owned by someone and they are paying taxes on it, and it's not listed as a rental, it's not considered vacant. In big cities there are definitely homes that are empty and not listed being used as a store of wealth. In fact just within view of my own home are two houses like that. Both owned by foreign families who wanted a safer place to keep their wealth than their own country (China and India respectively). |
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