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Originally Posted by SleazyDream
cottage property will tank - it's booming now cause baby boobers want cottages. my plan for this is long term - i'm aimimg to sell it to the boomers kids on the second wave of the baby boom. i could flip it fast but this is a retirement investment
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Something Sleazy - if as Will said above - ie that there is generally only 10% gain to be made in land, (ya can almost get that from a bank and not bother with the hassle) - and you elected to go that route, - it's well-worth doing some research and looking outside the "conventional marketplace" and towards "exotic locations" somewhere on the planet. These are most likely able to generate more than double/triple that 10%.
This almost wipes the waves of "baby boomers" and several other factors - since the appeal from a buyer side is more universal. There are a lot of homes/second homes being purchased internationally.