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Updated almost 11 years ago,
Investing in apartments/condos in bigger city
Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors still insist on investing in these apartment on the principle that the price will appreciate and the demand is higher.What is the most recommended way of investing in apartment ?