Quote:
Originally Posted by HillStreetBlues
Are we including amateur landlords in the definition of "speculator"? I know someone who purchased a unit here with the intention of renting out and, from what he said, he's far from alone. A lot of talk I had to listen politely to about expected rents and so on. To me that's speculation, but he isn't looking to flip the contract or anything, he will take possession and own it for some period of time.
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I wouldn't. To me the speculators are just the ones looking to sell when prices go up. The would be landlords are a different group, after all their units usually get filled up by someone.
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