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Subject:  Re: Land for Retirement? Date:  4/19/2005  2:41 PM
Author:  tmeri Number:  851 of 1935

Real estate taxes are likely to eat up any appreciation you see. Keep your flexibility by investing that money into something that you can expect more return from, then you can buy a lot when you are ready to actually build there.

What you say is true. But you neglect to account for the fact that this may be the subdivision they really want to live in, and if he waits 10 years to buy a lot, it most likely will not be available in that location anymore. He'll have to buy elsewhere.

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