And here the renter-chads make their appearance
And here the renter-chads make their appearance
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anyone on /biz wants to grab this cheap NYC penthouse for $250M?
wsj.com
sell off to who?
no one is buying these homes at these prices
jews lose again as always
>Real estate is a bad investment because uh... BECAUSE SOMEONE ON TWITTER SAID SO
Thats why its a sell OFF, they sell it off lower as before
>OMG THERES A CHART AND IT’S GOT 2 LINES!
>Real estate is a good investment because uh... PRICES ALWAYS HAVE GONE UP AND THINGS NEVER CHANGE
Wall st doesnt pay the same mortgage premium
The whole point is leverage anyways eg you’re levered 5:1 so your cash on cash return is more like 20%
But yes retail is getting a bath
>Real estate is a bad investment because uh... PRICES ARE GOING DOWN AND THINGS NEVER CHANGE
Just put it on Airbnb for 50k a night.
yup im retard
>And here the renter-chads make their appearance
reminds me i need to put the rent up on my properties, thanks.
it's a bad investment because of taxes and maintenance required for them. if there was an index for it i'd buy it but flipping houses is retarded.
Real estate is never a bad investment
Renties lose again
You'll keep renting
You'll keep waging
Any house you buy today for 750k will eventually be worth 1m
That's how it will always be
That's how it will always go
Stay broke renties
No line chart can change that
>3.7% IS BASICALLY THE SAME AS 4.5%
>what is supply and demand
make fun of nazis, not the umpteenth
>le nerd bad
meme.
>be 30
>live at parents
>save 90 percent of my paycheck
>think about moving out
>spend 90 percent of my paycheck on someone else’s mortgage
Why should I do that again? I’m at a weird spot where I can move out but I see zero benefit besides appeasing society
What matters is that the gap (0.8) is significantly smaller than the treasury rate (3.7) which is basically a "riskless" return.
think about what you get. you're not locked into a mortgage for x amount of years and can walk away from the property and dont have to keep the house maintained which costs money as well
literally yes