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- National culture is one reason , like Chinese^American etc. Remember Damien of Macq, Pinsky of RTS.
- I feel pTax and mortgage rate push up rental yield as they
- affect supply side — suppressing rental home supplies
- affect demand side — reducing viability of the “buying” option, therefore increasing the relative viability of “Renting” choice
- inheritance tax law is another factor.
- Aleris said traffic jam is another reason. BGC workers face huge daily commute if living outside.