ETFs, basically they are retirement funds for people who wanted something a little more aggressive than mutuals. They are also subject to globohomo market manipulation so millions of boomers/millennials will not be retiring.
You think I 20 years is enough time to recover from this? Hahahaha. They are in the negative right now, 10 years they will go positive and another 25 minimum to have enough funds to die peacefully in section 8 housing.
Not of you live in it. If you had other properties it was time yo trim at the top, 6 months ago, but don't gamble with something you can't afford to lose.
Redistributed after n-words and n-wordlickers freak out about not getting free houses because the goobermint didn't handle the crash properly (for them)
It doesn't matter how much it drops, they never had the intention of any of these houses going back on the market. They will only sell to other hedge funds or rent if they are a hedge fund that rents as part of their portfolio.
They were given printed fun money and purchased it all cash and now only need to pay taxes and hold on through this recession.
Owning a ridiculous amount of land/homes.
We got fucked and you guys are focusing on a drop in resale value temporarily.
You will own nothing and be happy.
>It doesn't matter how much it drops, they never had the intention of any of these houses going back on the market
Lies. Blackrock intends to fill them with illegal wetbacks from Honduras.
Yes but they have a vested interest in higher returns, as they will earn incentive fees only if they’re investment is in the green. Also, year over year negative returns from any asset manager will have their capital drained as investors look elsewhere.
investing in real estate is very evil
getting mortgage is also quite evil because you're fuelling the bubble and saving yourself on the expense of your fellow men and also future generations
all real estate owners every single one of them deserve to die cold and foreclosed and homeless
>all real estate owners every single one of them deserve to die cold and foreclosed and homeless
Exactly. Only the state should own real estate, which they distribute to the most deserving.
What does this mean? It looks very technical
Most of them bought the top.
ETFs, basically they are retirement funds for people who wanted something a little more aggressive than mutuals. They are also subject to globohomo market manipulation so millions of boomers/millennials will not be retiring.
>millions of Millennials won't be retiring
Hey retard, the oldest Millennials still have like 20 years to go before they retire.
You think I 20 years is enough time to recover from this? Hahahaha. They are in the negative right now, 10 years they will go positive and another 25 minimum to have enough funds to die peacefully in section 8 housing.
Oh you won't be able to afford Section 8. Section 5 at best.
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more like 50 years anon
Old millennial here (1984]. I won't even be 60 yet in 20 years. Think he meant Gen x
I'll be retired by the end of the year but then again I'm a commodity chad
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https://etfdb.com/etfdb-category/real-estate/
We're in FUCKING FREE FALL HAAAHAHAHAHAHAHAH
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Oh.
This is big.
crypto n-words go down 90% everyday and they're crying over 2% annual loss?
It says 1 day change, not annual
HOLY SHIT THAT'S 365.25% PER YEAR
Real estate is fucked.
What does this mean for the housing market?
It means that, at long last, it is FINALLY happening.
Why do you think they raise rates?
It is not to help the economy, its to make them not lose profits at the expense of the economy.
I live in a house. What will happen to it
It will tank in resale value but nothing really
So I should sell the house now, wait homeless a few months and buy cheaper?
You can try but I seriously doubt you'll be able to sell shit right now
STOP TREATING YOUR HOUSE LIKE AN ALTCOIN YOU RETARDED n-word
Not of you live in it. If you had other properties it was time yo trim at the top, 6 months ago, but don't gamble with something you can't afford to lose.
They're gonna hook it up to their tow hitch and take it back to the bank.
The government will be coming to take it for public auction once the bank defaults on the loan. Enjoy living under the nearest overpass anon.
There is no loan. Only deed
Kek this anon thinks he they own something.
Redistributed after n-words and n-wordlickers freak out about not getting free houses because the goobermint didn't handle the crash properly (for them)
>VAN-ACK
It doesn't matter how much it drops, they never had the intention of any of these houses going back on the market. They will only sell to other hedge funds or rent if they are a hedge fund that rents as part of their portfolio.
They were given printed fun money and purchased it all cash and now only need to pay taxes and hold on through this recession.
Owning a ridiculous amount of land/homes.
We got fucked and you guys are focusing on a drop in resale value temporarily.
You will own nothing and be happy.
>It doesn't matter how much it drops, they never had the intention of any of these houses going back on the market
Lies. Blackrock intends to fill them with illegal wetbacks from Honduras.
They will never sell, only rent.
SOMEBODY POST THE ZESTIMATE BASEDJAK STAT
You'd be a special kind of stupid to not buy this dip.
I'll never invest in real-estate for the simple fact that companies shouldn't own residential land.
>companies shouldn't own residential land.
No arguments here
How can an index fund backed by real estate be down 30% but actual housing is not down 30%?
some of the german real estate companies I own are down 40-60% ytd. and they are just residential, not office or smth
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I just bought a place three weeks ago
I bought one in 2017. Not selling
how do i research the housing market? is it really just 'look at shit on zillow'?
They don't actually own anything, their clients do. They don't care if the price goes up or down, just collect management fees.
This clip explains it in simple terms.
so basically walf of wollstreet
Jordan Belfort was a stock broker selling pump & dump penny stocks to boomers, Blackrock/Vanguard/Fidelity are asset managers
Yes but they have a vested interest in higher returns, as they will earn incentive fees only if they’re investment is in the green. Also, year over year negative returns from any asset manager will have their capital drained as investors look elsewhere.
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investing in real estate is very evil
getting mortgage is also quite evil because you're fuelling the bubble and saving yourself on the expense of your fellow men and also future generations
all real estate owners every single one of them deserve to die cold and foreclosed and homeless
>all real estate owners every single one of them deserve to die cold and foreclosed and homeless
Exactly. Only the state should own real estate, which they distribute to the most deserving.
I was on the verge of buying some REITs. Glad I didn't after all.
But somehow the price of property will never go down
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Shiiieeeeeet bro
WTF garden gnomeBROS!? WE WERE SUPPOSED TO STEAL THE GOYIMS HOUSING SUPPLY AND LEAVE THEM WITH NOTHING! WHY IS THIS HAPPENING???