Should i sell my current property (landed property) to get equity cash out and downgrade? or should i hold on longer for higher capital gain? ? - Seedly
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Anonymous

Asked on 28 Feb 2019

Should i sell my current property (landed property) to get equity cash out and downgrade? or should i hold on longer for higher capital gain? ?

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Dawn Fiona
Dawn Fiona
Level 7. Grand Master
Answered on 04 Mar 2019

Hmm I don't predict property cycles so maybe you should speak to a property agent about this instead.

However, the question I would pose to you is, if you were to cash out and downgrade now, what are you going to do with that cash?

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šŸ‘
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Do your research and see if your property will continue grow or not. If yes, you can hold longer. If no, cash out and downgrade. Its ur own house and investment, you have to make ur own decision.

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šŸ‘
0
Thank You!
Can you clarify
I wonder if
This is so helpful šŸ‘
What about
Post