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/biz/ - Business & Finance

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24648755 No.24648755 [Reply] [Original]

>my home is my biggest investment

>> No.24648827

>>24648755
Land is generally an appreciating asset. It's relatively scarce and permanent. Structures are always degrading and their relevance and therefore value is dependent on the changing environment.

Unless your property is producing income, it is not an investment, you are just speculating.

>> No.24648864

>central banks and central government steals your land
heh nothing personnel kiddo

>> No.24649680
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24649680

>>24648755
This. Why haven't you guys taken the landlordpill?

>buy a cheap house in a good 'gentrifying' location
>rent to aspirational yuppies to cover the mortgage
>put the profits into stocks/coins/whatever so it can grow

A home really is a good investment for a young single person if you're willing to try the 'househacking' meme.

>> No.24649735
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24649735

>>24649680
>Not saving yourself the headache of dealing with tenants and just investing in REITs instead

>> No.24649771

>>24649735
What's your favorite

>> No.24649795

>>24649735
>Not making use of the 5x leverage offered by mortgage products

>> No.24649829

>>24649735
Well, this is if you're inclined to buy a house already. If the alternative is to pay rents for several years then you could have less money to invest in the REITs. It depends on the area. I have a job at a large research university in a city that's rapidly gentrifying so there's a big incentive to cash in on the property meme.

>> No.24649879

>>24649795
Tell me more please

>> No.24649935

>>24648827
It is relatively permanent. Property value does not always go up, it depends on what is around it.

>> No.24650164

>>24649879
Well when you get a mortgage to buy a property, traditionally you would deposit 20% of the value of the property, and the bank would lend the other 80%. That's a x5. Buying into REITs 100% of the cash has to come from your pocket, so any returns will be a fifth of what they could have been had you purchased an actual property.

>> No.24650490

>>24649735
>>24649795
This. The only upside to real estate is that it’s essentially just an infinite game of taking out loans that some one else is paying for you.
>>24649680
Because owning your primary residence unless you’re already wealthy is a huge drag on achieving financial independence.
I also have huge doubts that real estate will just continue to appreciate at double digits forever.
Just because you buy a house for a million dollars doesn’t mean you’re going to collect $10,000/month on it
I’d rather buy bitcoin. It doesn’t require maintenance and it can’t legally sit live in my property for a year without paying any rent.
Buying to rent SFHs is also incredibly jewish tier
>sorry goy but I bought up your entire childhood neighborhood to rent to section 8 niggers and boarding house spics who live 10 to a room

>> No.24650531

>>24649735
I'm waiting for the crash before getting in.

>> No.24650590

I'm making 1640 a month renting out 4 sheds. Sheds very cheap, pays itself off in less than a year. very OP.

>> No.24650728
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24650728

>>24648864

>> No.24651297
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24651297

>>24648755
>Houses, bad. I can't get sex with a fancy house.
>I'm going to buy a car that makes 'Brrrrrran! BRRRRN!' noises, haha. It will get me prime sex with women.

>> No.24651397

>>24648755
KEK

>> No.24651927

Understand the 5x leverage etc. It’s about ability to revive the debts in future - health and job security. In the other side banks are selling MBS to institutional clients packaging some of these loans after risk classification. But as we know it’s really hard to assess risk properly, it’s a risky bet for all parties. Monetisation of debt and RE loans (not for primary residence; investment) have caused deterioration of western QoL/Freedom

>> No.24652441

>>24651927

Nigga monetization of debt has existed for millennia. What do you think bonds are?

>> No.24652491
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24652491

>>24650728
You won't do anything, mutt. You didn't do anything when niggers burnt down the cities. You didn't do anything when Trump "lost" the rigged election.
You WILL take the vaccine
You WILL live in the pod.
You WILL eat the bugs.
That's what you get for being the kike's golem.

>> No.24652740

>>24649735
Can’t mortgage a REIT or else I would

>> No.24652930

>>24649935
Like niggers

>> No.24652944
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24652944

You vill own nussing.
You vill eat ze bugs.
You vill get in ze pod.
You vill take ze hormones.
You vill obey.
And you VILL be happy.

>> No.24652972

>>24648755

>> No.24653007

>>24650590
can you please tell me how you go about this? people pay for storage space in these sheds? lol

>> No.24653070

>>24649735
this is the way