🔒The approval of property seizure by former President Donald Trump has caused uncertainty and fear among real estate investors.
💰Investors are leaving cities like New York and investing in other locations, such as Miami and Texas, due to concerns about property seizure and lack of control over losses.
🏢The fear of property seizure is spreading to other big cities, including Chicago, San Francisco, and Los Angeles, making investors wary of putting their money in these markets.
🏦Property taxes and appraisals are also factors that contribute to the decision of investors to avoid major cities, as they are becoming increasingly unmanageable and unreliable.
💼The value of properties is determined through industry-standard approved methods, and the uncertainty caused by property seizure jeopardizes the stability and profitability of real estate investments.