ilmscore | Prediction Details
"when they look at real estate because they say oh I can buy this property for $150,000 today and maybe in a few years I'll be able to sell it for $300,000 and if they think like that they'll be willing to overpay for the property because they have their eyes set on the future price appreciation all they're looking at is how much can a sell the this property for in the future I don't do that"
By Minority Mindset | August 19, 2024 | Pending
From video
Own These 5 Investments and Never Stress About Money Again 01:58:06 - 01:58:24
Interpreted Prediction
Suggests that focusing solely on future price appreciation when buying real estate can lead to overpaying, implying a preference for cash flow-generating properties over speculative appreciation plays.

Prediction Details

Topic
Real Estate Appreciation vs. Cash Flow

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