400-012-5287o A few examples
§ As a hedge against an inflationaryeconomic trend;
§ For the tax savingsgenerated by passive losses or depreciation deductions on improvements to the land;
§ As a means of providing regular income; and
§ To build a strong portfolio of propertiesfor resale at retirement or for other future needs
o Physical: location, climate, topography, rivers and streams and the availability of water, public utilities, streets, highways, public transportation
o Economic: employment, and wages and salary levels, interest rates, inflation, recession and availability of credit
o Political: government controls on money and credit and zoning laws, building codes, subdivision control ordinances, fire regulations, taxation and city/county planning;
o Social: rates of marriage, births, divorces and deaths, the rate of population growth and decline, public attitudes toward education, cultural activities, recreation, and lifestyle changes.
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