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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: Riskmgmt who wrote (50173)5/17/2009 7:55:07 PM
From: TobagoJack  Read Replies (1) of 217901
 
hello riskmgmt, i think we all own real estate in an effectively lease form one way or another when taking all costs into consideration and factor in rollover into equation

i.e. it takes ten-twenty thousand per annum of property taxes and several percentage points of death tax to secure continuing claim to real estate of say 1 mil anywhere in usa, and it take about 1 thousand to secure same in hk, plus a few tens of thousand to rollover the lease for another 99-999 years depending on area, thus of the two schemas, i prefer the latter
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