[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 19 KB, 240x193, IMG_4921.jpg [View same] [iqdb] [saucenao] [google]
3005884 No.3005884 [Reply] [Original]

Is it a good idea buying a home right now in California ?

>> No.3005896

Only if it's an investment property, it's never a good idea to live in Commiefornia.

>> No.3005918

>>3005896
What if i'm well established here. with 2 small businesses that my father is going to pass on to me.

>> No.3005944

>>3005918
In that case you would be crazy to leave, you can enjoy freedom in your early retirement.

>> No.3006102

>>3005896
Rental properties are horrible investments unless you can find an extraordinary opportunity to buy cheap in developing territory, fix up, and pump out yuppie rent in 5 to 10 years. Other than that, it's a seller's market and they will gouge you.

>> No.3006149
File: 21 KB, 480x360, IMG_3847.jpg [View same] [iqdb] [saucenao] [google]
3006149

Everything is so expensive.
But I want to stop paying rent and buy a house and pay it off asap. Just to damn expensive.

>> No.3007013

Yes. If home prices ever fall due any reasons, we will most likely see th end of many bubbles from Canberra to Toronto, and the Frankenstein being kept alive in PRC. Thus if Gotterdamung happens, least of your worries. And for the foreseeable future as long as as there will be continuous issue of fiat, inflation, and bubbles being bubbles. It's a pretty good investment.

>> No.3007029

>>3005918
if you can't move them, sell them and get out of that shithole