Is real state as an investment cancerous to society?

Is real state as an investment cancerous to society?

  1. 2 weeks ago
    Anonymous

    yes there should be a $2,000 cap on rent nationwide

  2. 2 weeks ago
    Anonymous

    yes, but don't worry, the real estate investor shitheads are going to be raped so hard over the next decade that they won't think about touching housing for the rest of their lives. uniroincally

    • 2 weeks ago
      Anonymous

      But housing market goes forever up. They told me.

      • 2 weeks ago
        Anonymous

        technically it does because of inflation. what they don't tell you is that this DOESN'T mean that it's ALWAYS a good idea to buy a house. especially when houses are the most expensive they've ever been in real dollars

      • 2 weeks ago
        Anonymous

        Yes, but it's due for a big, big correction.
        Those who bought 2020+ are gonna be either in bankruptcy or so poor, they'll suck dicks for 40$.

        • 2 weeks ago
          Anonymous

          Worse then 2008?

          • 2 weeks ago
            Anonymous

            OH yea
            Some areas like Florida and Colorado are probably heading to 50% down and that's capitulation from companies like redfin/blackstone/opendoor/zillow/airbnb selling back to stay alive during the depression. The actual homeowners who locked in a good rate during refi or had cash for a house might survive but the others buying now or earlier with leverage are gonna get fucked hard
            Best time to buy will be in January maybe March 2023

            • 2 weeks ago
              Anonymous

              >Best time to buy will be in January maybe March 2023

              That quickly? I was thinking it would take until 2024 at least.

              • 2 weeks ago
                Anonymous

                Did you not listen to Powell today?

              • 2 weeks ago
                Anonymous

                Parts, but I am a brainlet. Please elaborate.

  3. 2 weeks ago
    Anonymous

    yes

  4. 2 weeks ago
    Anonymous

    Yes, you should be able to own a maximum of 2 properties and anyone who is over that amount as of this post should be executed via firing squad.

    • 2 weeks ago
      Anonymous

      Adolf Hitler tried, but sadly failed to finish the job.

  5. 2 weeks ago
    Anonymous

    As an investment for, say, some guy with a wife and 2.5 kids? Nah. As an investment for a large corporation that's essentially playing monopoly? Well, you've fucking played monopoly before or seen how it goes. Yeah, that's cancer.

    • 2 weeks ago
      Anonymous

      the worst part is they are awful investments for big firms moreso than anyone, but since they all know they're going to get bailed out anyways they just deliberately do shit like this almost as a game.

      buying up single family homes on a colossal scale is a surefire path to bankruptcy in a normal, functional market economy.

      • 2 weeks ago
        Anonymous

        What are you talking about? That only happens if they're overleveraged, in which case it's a problem with the financial system letting corporations leverage up to their eyeballs to keep on making bigger profits. Buying up the suburbs on the cheap from boomers and renting them out to millennials is tremendously profitable over the long term.

  6. 2 weeks ago
    Anonymous

    It's okay to have one or two houses as an investment after you pay off your first.

    Land developers are cancer. They build massive low-quality suburbs on the outskirts of town and fill them with migrants. And permanently damage a sound and stable house and job market in your local area.

    Australia is experiencing this right now. Land developers are tanking the economy by over saturating the market with low quality housing, all of which is purchased by migrants and financed by the bank. We have taken on trillions of dollars of debt in a matter of years because of this. (Our country has only 4 Major cities)
    We are also looking at an upcoming recession but because of the insane levels of unnatural development we now have 30% more people who will now be all competing in the job market in the upcoming financial downturn.

    Real estate investment and development is literally evil and destabilises our awesome society and creates way more problems for us to address. Also contributes to dilution of society and culture and a reduction of expected living standards (houses no longer having a front lawn or double garage)

    • 2 weeks ago
      Anonymous

      get fucked anglo
      australia only get the worst of the worst

  7. 2 weeks ago
    Anonymous

    I am so confused the way the mainstream economists use the term "inflation." Because to me, inflation is the printing of a currency to the point the currency becomes devalued."

    All this talk about getting control of inflation by raising interest rates? How does that control inflation? You stop inflation by not printing money, not by doing something else.

    • 2 weeks ago
      Anonymous

      Raising interest rates = banks can lend out less money.

      Since we live in a fake and gay economy, money is created out of thin air when a bank issues out a loan. Raising the interest rate will therefore effectively slow the rate that money is created out of thin air.

      • 2 weeks ago
        Anonymous

        Thank you

  8. 2 weeks ago
    Anonymous

    >Is real state as an investment cancerous to society?
    Yes and No
    Yes because...
    >investors raise the price of home to stupid levels
    >give old people tons of wealth that they just stumble upon
    >few block of Tokyo was worth more than all of California back in the 80s... I wonder how they are doing?
    >be a landlord should be a job not a get rich quick scheme
    No because
    >We need people to build housing
    >We need people who are willing to fix and upgrade housing(Not Just Repaint and some Landscaping)
    It real fall under are you using real estate as a get rich quick scheme. I real real real want all single family homes to have 5% extra property tax when a corporation owns them. There are even some HOA that saying no to be corporations.

  9. 2 weeks ago
    Anonymous

    Yes. We need to institute a very high tax on homes and you only pay it if you're not an owner-occupier. You live in the house? You don't pay the tax. Investors, landlords, and all other commercial entities need to get the fuck out of the housing market. The places most likely to vote for such a tax policy are likely places where the largest percentage of homes are owned by non-owner-occupiers.

    • 2 weeks ago
      Anonymous

      Foreigners man. We need to fucking get those homosexuals out of America they have no right to be here and no right to own anything they dont intend to stay in. Foreigners are the cancer but I think the war coming is gonna fix that up

    • 2 weeks ago
      Anonymous

      Foreigners man. We need to fucking get those homosexuals out of America they have no right to be here and no right to own anything they dont intend to stay in. Foreigners are the cancer but I think the war coming is gonna fix that up

      Can we tax non-owner occupiers and kick out the foreigners?

  10. 2 weeks ago
    Anonymous

    before posting, ask yourself. Is this desperate rentoid cope?

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