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Old 10-08-2006, 05:04 PM  
artman
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Join Date: Nov 2005
Posts: 770
Quote:
Originally Posted by Alex from Montreal View Post
I see people buying multi-unit properties that barely generate enough income to pay the mortgag, real estate taxes and insurance. God forbid if an appartment becomes vacant or some major work is needed.

This real estate market is insane, I tell you.
because it is also generating income in terms of appreciation.
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