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What can reduce the value of your property?

What can reduce the value of your property?

 1. Population growth: The population number increases for residential properties which help estate agents directly. This then affects the value of the property which distances consumers. 

2. Inflation: Inflation is when there is a circulation of money going around excessively which will reduce the value of money. This will then increase things like land prices, construction material, labour and legal building permits. 

3. Infrastructure: Infrastructure can change also which is a major growth in the real estate agent market. 

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