Quote:
Originally Posted by Dusty_Star
You are correct. It does not make sense, it only appeals to someone wanting to buy here, hoping for a lower price, then praying for prices to rise again once the house is purchased.
|
I disagree TV has a problem with speculators, flippers and AIRBNB short term rentals. The thirty percent increase over two to three years was a benefit to short term investors not full-time residents or individuals. TV has an excellent history of 6% a year in value growth if property values drop by 10% of the 30% they gained in the last few years it only takes incentives from short term investors and hopefully removes some of the speculators from the market. IMHO.