/biz/ - Business & Finance

BEFORE ITS TOO LATE AAAAAAAAAAAAAAAAAAH

THEY ARE RISING AAAAAAAAH

>>14615517
why?

>>14615535
This. There is no reason to buy propert/subsidize renters.

You are just making it easier for the government to find you and tax you

>>14615530
And thank me later

https://imgur.com/3PRCUsq

>>14615517
Just sold my house to avoid the boomerocalypse.

Australian boomers are going to drive the market into a death spiral. They'll undercut each other endlessly to ensure they can cash out in time to afford a caravan and a land cruiser before the market collapses.

Australian boomers are worst boomers.

Fuck no you would have to be a complete brainlet to buy property now. We are about to experience the same thing Ireland did. Hold your sheckles the next 10 years will see the world's longest bubble pop, boomer tears incoming

>>14615570
fuck off nigger pajeet

I know a bunch of "experts" said it was bottoming out but it's not worth it

>>14615530
>>14615535
>>14615551
>>14615571
>>14615590
>>14615609
Thoughts on Arena REIT?

Boomers +

>>14615517
DON'T listen to this retard.

If you """""invest""""" in property, you'll be spending the next 25 years dedicating all of your time and money to a shitty home, and will be left behind by all other traditional investors.

Notice that the only people who will urge you to nvest in property are the ones who were cucked by the bank in the first place, and just want another mark to drag down to their level.

Just continue to rent, while saving and investing, and maybe when you've finally made it, you can consider having a house built for you to settle down in (and I mean once you've MADE IT).

Until then, stay the FUCK away from property in terms of """""investment""""", because only the bank wins in this case.

>>14615517
>>14615530
In this thread: Panicked boomer desperate shilling his failing investment homes

>2019
>buying a already bubble'd market
>not buying a land which is easier to manage

AAAAAAAAAAAAH GET IN BEFORE ITS TOO

NEVER BEEN A BETTER TIME TO BUY AAAAAAAAAH NEED TO GET A 700K LOAN BEFORE IT GOES UP AAAAAAAAAAAAAAH PROPERTY ONLY EVER GOES UP

>>14615613
I'd be keen in a few years once the housing market has capitulated. Big gains to be had in the return to mean. But honestly, I'd just buy properties in the dip.

>>14615628
furthermore, compare the gains of something like an Index Fund over 10-20 years to that of an """""investment home""""", and look into the hidden expenses that go into a home, such as rates (basically land taxes lmao), fees, maintenance, renovation (to keep it competitive in an ever-changing market, which can run you up a couple hundred grand), and LIQUIDITY.
Tl:dr, just stick to Index Funds, ETF's or even just shitcoins, and let the dumb boomers rot with their silly investment choices.

>>14615517
Just buy a REIT fund

>no property taxes
>no interest
>no repair costs
>no tenants
>average 12% yield, better than a home

>>14615628
And thank me later

https://imgur.com/W5io2Hp

>>14615739
Jannies? Hello? Do your fucking job

>>14615613
>>14615628
I invest in property through REITs.
I'm not taking out a massive loan. It dramatically messes with the risk allocation of my investment portfolio. The leverage tilts it towards increased downside risk.

>>14615709
>>no property taxes
>>no interest
>>no repair costs
>>no tenants
All of those are actually priced into the price and return of the trust.
So you don't escape them.

The advantage REITs provide is that they are more efficient. Their entire business is managing property. Economies of scale have allowed them to manage cheaper than what you could if you did it yourself.

double top in 2020 simultaneously around the world
it will be a bloodbath

>>14615895
>REITs
how to invest?

>>14615517
My cousin had a better idea.

>bought some land
>put a brand new house on it
>immediately rented it out
>stayed with his parents a while, then moved out with his gf to a rental place
>renters practically payed off his house
>he moved in after renting for a few years

How much money upfront to invest in these REITs senpai?

>>14615517
bought 2 flats 8 years ago, now price has increased, if I sell it, I will earn 100€
t. Germany

>>14617110
>100k€*

Only people who buy property are Traddie's or upper middle class married people with dual income. If you arn't these two things then don't bother because you will be paying off mortgage+food+utilities and will not have enough money to invest in anything.