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Thanks to all who have posted on this today. I am looking for a long term hold rather to flip post construction. H&L has appealed for me because the holding costs appear lower than for established. Yields for established are sub 5% in most metro areas (at least in inner and middle rings) and...

Hi all, The new versus established debate is a common subject here, given it is often particularly attractive to new investors (who do not wish to buy old and renovate). Many experienced investors are often critical of buying H&L given the risks of paying a premium (due to the developer...