QUOTE(aaron1717 @ Oct 12 2019, 12:15 PM)
like i always said... one man's meat is another man's poison... your blanket statement also not workable... there are different ppl reli like to stay certain properties that not up to your investment standard ma... just like the parque residence in ES... mmg gt ppl like stay in high rise in middle of nowhere ma... lol... own staying involved alot more emotional decision than just numbers...
by nature of the object, property is an investment, its whether short or long term nia.
you NEVER provide depreciation on Property, unlike car equipment and machinery.
nobody will buy property and expecting the property will depreciate in short to long term.
tell me, when you bought your property said for 400k, do you expect to sell your property at 300k 10 yrs later????
if yes, please pm me your contact and I will enter the contract to buy your property NOW.
but I do agree with you one thing - buying is emotional decision where logic and statistics are throwing out of windows. BUT dun use the word 'own stay is ok, investment is no no'. its like saying I am prepared to lose money on my own stay property but not for investment...