DRAFT TEST

Test post content. This is because short term strategies not only miss out on long term compounding and the tax benefits associated with cash out refinancings, but also because declines in property values can often be steep. Even bad purchase decisions made at market peaks can more easily ride out near term downturns provided that they were financed with long term debt, whereas investors with shorter time horizons and shorter-term debt will have a much more difficult time navigating through a down cycle.