I thought he was referring to an annual tax rate similar to the 4% assessment ration of an owner-occupied property for non-resident real property.I think what Jonathan is referring to is a 2011 law called something like the ATI law.

I know you will use whatever logic is needed to rationalize the fact that not following through with the contract is unethical so this is definitely a waste of effort typing, but it is in this thread for those not familiar with the other threads.

When I fist scanned the title I thought it said you were from the government and here to help.One of the scariest phrases known to rational beings. :-)Welcome aboard!

Originally posted by Phillip Gainey:Inflation hedgers have close to doubled their money in the last year or so.Gold, like real estate in the 2000s, technology in the late 90s, etc, is likely in a bubble due to the "irrational exuberance" of investors who think they are outsmarting the system, but in actuality are just acting in herd mentality.Your statement that inflation hedgers have doubled their money in the last year is certainly true, but it's likely based more on speculation than any rational economic performance.As other examples, anyone who has invested in the Dow for the last two years or so has doubled their money as well.

The only way a downturn would impact you is if you allowed yourself to buy a property with negative cash flow (foolish), rationalizing some future event you have no control over will save your "a...".  

The potential for a location to be "fun" is a lot more appealing than washer/dryer/free internet, low utilities, parking or any other rational point.

Anyway I think you are missing their biggest rational which is their trying to avoid their own domestic currency risk

It probably makes sense for an entrepreneur to put nearly 100% of their portfolio into just one business and MAKE it work, at least at first.I also agree with you on the business side of things.If you are interested in learning more about the concept you describe, I invite you to read a book called The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success. 

I'd ask you to support all your ridiculous claims, but, in my experience, it seems you just make stuff up as you go along, and don't tend to debate rationally.

Regarding the reserve, there must be some rational structure behind it (not just personal choice by lender).