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Originally Posted by Postmaster
Yeah but unfortunately the prices are very high here in Holland atm.
But my purpose is to rent the house out, so on the short term price movements don;t really bother.
I can get a very cheap mortgage, so I think it must be possible to earn a higher rent than what I have to pay on the mortgage.
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the rule isnt for entire markets all the time. i only apply that rule to getting a deal. buying houses and trying to predict the market is like buying stocks.