Offline"My concern is if people are not allowed to sell to someone who wants to purchase it as a business investment and rent it out, that it's going to stay vacant."
http://www.startribune.com/local/136240298.html
Govt strikes again. Tight lending, no first time home buyers, jacking with seller financing, and they want to limit the sale of houses to investors. Yeah Baby! Let's get this recovery rolling.
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This is a market that most of us have never seen (unless we are of a more mature age). Governments will press to hold us off but when doing so it limits the economy. Real estate is directly tied to real estate. When money flows through real estate say as rent it runs into the local economy. I commend those that take action against governments such as this.
What value real estate adds.
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