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Renting: Can bidding wars be stopped?
(www.bbc.co.uk)
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this post was submitted on 05 Dec 2023
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For investment property, the rent determines how much you can borrow against the property.
Long term it’s sometimes better to leave empty for a while than take the valuation hit.
Is "a while" 5 - 10 years? We're not talking about leaving it open for a season, but rather for years and years on end.