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/biz/ - Business & Finance


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19907114 No.19907114 [Reply] [Original]

It's a great way to build wealth and settle down!

>> No.19907336

Lads

I got about 100k saved up..
Should i wait a year for housing market to crash?

>> No.19907579

>>19907336
>should i wait for something that happened once in the last hundred years

>> No.19907629

>>19907114
Don't worry daddy, I'm fine with my small flat. As a single child, I'm just waiting you to die to inherite all your properties and wealth

>> No.19907659

>>19907629
unironically kys lazy piece of shit

>> No.19907698

>>19907659
>Lazy
I studied the same degree as my father. I'm working and bought a small flat.
What more do you want me to do? My salary is like 5 times lower than what he earned after college decades ago.

>> No.19907703

>>19907336
If you are in canada yes

>> No.19907725

>>19907114
I'm working on it. Will have a 25% down-payment by the time I'm 25. 23 rn and living in an actual former meth house to save money with roommates.

>> No.19907795 [DELETED] 
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19907795

>>19907629
>tfw In my country (irrelevant EU country) even if the boomer doesnt want to, 50% of his wealth go to the nexy child by LAW.

>> No.19907871

>>19907336
Corona is fucking everything up, and it ain't over yet. Why not wait?

>>19907579
We're in a world where real estate is now an investment instead of a place to live. It will crash again, maybe not as hard, maybe just as hard

>> No.19907969

>>19907579
I didn't mean an actual crash, i meant a nice downturn.
>>19907871
Yeah thats what i figured.

The numbers of people who didn't pay their mortgage last month is enormous.
I imagine that people who bought extra properties to rent out and use for airbnb are going to be selling..
Also a lot of people have no money currently and have lost their jobs.. so perhaps less buyers than ever.