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Heartland realty is poised for a strong new decade from a valuation and growth perspective. More entrepreneurs will move to heartland cities and suburbs to set up their businesses and employees will relocate there because of cheaper cost of living, higher quality of life, and easier commuting in light of the pandemic. I also expect capital to continue flowing out of expensive Blue states to lower-cost Red states due to tax policy changes like raising the capital gains tax rate and eliminating the step-up basis. In a recent article published in the Octob
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