Dacia, MetroNorth is definitely a big advantage for NYC residents looking for a second home (NYC income tax relief, country house) or for folks who don't mind a longer commute to save on purchase price and property tax compared to Putnam and Westchester.  

They make great tenants and are good for a comical relief when you need it.

But the seller only receives the illusion of value, in this case relief from the debt.   

In addition to construction and repair, the funding also helps pay for transportation research at universities, funding for Puerto Rico’s highways, and “congestion relief” in American cities."

Their 'reconciliation' process for the 3 approaches was merely to average the income and sales valuations despite stating in their report that the income approach made the most sense.

This hurts the bottom line, BUT there must be a reconciliation of our debt load and I believe hyperinflation is a poor way out.People will continue to find create structures to defer taxes.

Cons:-Unless You Get A Scholarship Or Have Someone Paying Your Way, You Start Life Substantially In Debt And it's BAD debt - there is no relief from that thing, even in bankruptcy. 

Not sure what this will look like for those who entertained bidding wars during COVID, but they should have some relief in having an extremely low interest rate.

I love my approach (which I have been using for the past 10 years) because when you talk to someone and tell them not to stress about their lease their entire demeanor changes and a bit of relief hits them.

Of course you can accelerate depreciation on the new property, but that only gives you short term relief.