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Apartment buildings: Value not immune to interest-rate increases

With governments “printing money” and inflation creeping into all aspects of our daily lives, it was only a matter of time before the federal government increased the interest rate to curb spending.

However, a lot of people were surprised at just how quickly this happened.

Let’s take a fictitious example of an apartment building a broker may have evaluated at $8 million six months ago. …[Read More]