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i also have this conversatiom with a lot of friends "Hey there is a good area/house for sale with good cg. Are you interetested?" "How much depreciation does it have?" "Not much" "Nah. Dont bother. let me know if you see one with huge depreciation. I dont care what or where it is" Me...

Couldnt agree with you more!!!!! Suddenly evryone who has a property thats grown more then 1% is a property gun And theyll have an opinion from renos to lending criteria to captial growth prospects