/pol/ - Politically Incorrect

Kikes and chinks have been buying property so no one uses it for anything useful for a while now. All those empty homes aren't there for nothing you know? How else did you think they created false scarcity in the housing market.

>>10387041

For the wealthy in China it's a hedge against meltdowns in China in the future + a possible escape pad if they catch too much heat. (virtually anyone with tons of money in China got dirt on them)

>>10387071

It's not just greedy jews afraid of a hard days work doing it. People used to be able to get a return on savings, now they can't because of greedy jews lots of people invest in property instead as it is seen as less volatile (aka jew manipulated) than stocks and shares.

>>10387450

Some, yes, but the chart is showing worst homeownership rate in 40 years.

http://wolfstreet.com/2016/07/28/american-dream-homeownership-rate-record-low/)

>>10387478

>40 years.

Make it 50.

>>10387016

Everyone especially landlords are already "rent slaves" the state just gets to call it property tax

We need to go into the kikes homes and slay them and their children make their papers worthless.

>will be

Not a bet when you put money on the horse after it places.

A classic way to rack up passive income. Demand for living in the city is steadily increasing due to urbanization, the closer to the centre the better, steadily increasing the value of land there, meaning that if you have a few millions lying by, buying property there is probably safer than putting it in a bank and produces better interest for you. Now that you have that land, you can further increase the yields by renting it out. It effectively means that you lose no money at any point, since you can always sell the land again (at a profit too) and get steady income from the rent. No surprise someone took this concept and went bigger – you make money for nothing; you don't sell a product (even if the house remained unrented, the property tax isn't that high and you can always sell it again should it become a problem), you don't manufacture anything, all you do is maybe occassionally send someone to check if everything is okay there and maybe fix some utilities (of course, the agreements signed with the tenants push bulk of that on them). Same thing applies to all land - renting fields to farmers is commonplace, for example.

>>10387517

>property tax

exactly.

want to know who really owns your home? quit paying property taxes and find out.

that said, I still "own" property. I'm just tired of my local gov't completely fucking up the budget and raising taxes. not to mention their (our) pension obligations….I don't know what fucking crack they were smoking when they put together those pension packages. I guess they were expecting flying cars, city in the sky, level growth.

If (((bankers))) didn't fuck up the housing prices then maybe young people would be able to afford them. They can't own acres like I do. I see the ridiculous modern housing prices driving down and countless for sales with no buyers asking ridiculous prices. Then look up how much a house used to cost during the baby boomer generation compared to now as a percentage of wages. You could be a boomer fresh out of high school, gen xers like me barely had a chance without inheritance or investments (don't put your money in the bank, kids. always invest you'll never best inflation otherwise) gen y definitely never had a chance neither of us will ever see a dime of social security either. The boomers were greedy insane cunts that fucked everybody over socially, politically, and economically.

>>10387587

>I don't know what fucking crack they were smoking when they put together those pension packages

Nobody in politics cares about pensions, anon. It's always one of the first things to get fucked whenever there are budget cuts, since from the state perspective, the moment you retire is the moment you stop being of any value and become a leech on the system. The retired have little political influence (unless they're rich, but then they don't care about pensions anyway), they will die soon so pandering to them isn't a good long-term investment, and they don't even generate wealth for the government. They're too old and frail to protest or revolt, too. If you wish to live your elderly years comfortably, either amass enough money before you or have kids capable and willing to take care of you. Do not count on the state to provide, because it will not, it will seek to shaft you at every turn

>>10387618

> The retired have little political influence (unless they're rich, but then they don't care about pensions anyway), they will die soon so pandering to them isn't a good long-term investment, and they don't even generate wealth for the government. They're too old and frail to protest or revolt, too.

Not entirely true. The elderly and retired have LOTS of time and stubbornness, that's why they do have real influence and can often fuck up things, for better or worse. No politician completely ignores old folks.

>>10387587

>want to know who really owns your home? quit paying property taxes and find out.

Well said. "Owning" real estate CAN be a smart choice, but one always has to remember what you said. In the end, everybody's renting from .gov.

>>10387590

>young people can't buy

Its not that. Its that young fags (like my peers) don't believe in saving. They literally live on credit for a majority of their 20s. I know people who graduated school and got a decent job and can't still make ends meet due to their debt. Self-control and moderation was never taught to these people, boomers to the present day. I was the only kid in my HS who was into investing and it paid off well. I'm going to buy 60 acres or so in a year or two thanks to my efforts while my peers live in cube apartments.

>>10405320

RVing is another option for those who don't want to rent, but since it isn't "trendy", people won't go for it.

>>10405292

Owning real estate is always a good investment.

(((Financing))) real estate, not so much.

>>10387016

>>10387016

Here there is math out proving that renting is better than buying in the long term. Does anybody here have any idea where this normie thing comes from?

>>10387450

They should have bought Bitcoins then.

>>10405394

Asking again for a friend

>>10387016

>A big Wall Street firm is betting that America is likely to become the United States of Renters.

We aren't already? Interest payments are no different.

>>10405730

imagine the smell, and the bedbug, or other insect, infestations.

>>10405394

It's bullshit, haven't seen it though. If there wasn't a high chance of making a profit, nobody would rent out or buy property. Where I live 1k bucks a month rent gets you the same property as 500 bucks a month mortgage and taxes. 6k a year is a pretty good budget for repairs.

>>10405917

It's something about investing money at a certain interest rate blah blah then in the long term it's apparently more profitable to rent vs actually buying. I wish I payed more attention when I first heard this I wonder how they are bullshiting people into renting instead of buying. They are getting even more slimey with their tricks.

Goys giving advice to other goys fucking them over but they are convincing themselves and others they are helping.

How can owning your own home/land ever be a disadvantage to renting? I dont know burger taxes but aus has top 3 worst housing prices in the world (thanks sydney/melbourne)

>still better in the long run to have your own private land instead of giving some kike slumlord your shekels

>giving your shekels to the kike bank as mortgage repayments is better

>fuck

>>10387054

Nothing would make me happier than to watch the rug pulled out from under these oriental jews.

We need a bill that bans foreign nationals from owning American property. Any currently owned property becomes eminent domain, no compensation paid to the owners. We know what these cocksuckers were trying to do.

Doesn't matter if you buy or rent in the current system. I think in context larger issues are renting from foreigners which we can see the system further degrade in that sense.

It's funny really, I can see why home owners take the plunge and go for it because you are going towards something that you will eventually own and it gives you much personal freedom in that aspect; but these types of people fail to see how crazy it looks to (the average renter) take out over 100k loan and all of the liability that comes with it to get a home. Sure it's better on paper to buy, but both views are stakes of economy and what you are willing to risk.

Anyway, modern economies are degenerate the technicalities of it are more evident because it is increasingly inflated and out of control. You're really only a better goy if you just simply are smart enough to play the system and garnish the capital to make a sort of "getting out" situation.

>>10405999

>>10405966

>>10405917

Buying is not easy for the average person., have you guys even financed or scheduled to look at property? Shit takes work and a lot of time it's also generally a life decision that it's just common sense to sign a lease and move into a place where everything is taken care of for you. Everyone ITT is applying an economic lens to the average person personal life, which makes no fucking sense. You guys sound like a bunch of white jews.

>>10405349

It also needs to be said (because you aren't) that since 08' anybody with a good head on their shoulders has been expecting this thing to tank. The heights and length of this current bull run are beyond ridiculous.

Problem is the past couple years have looked consistently like buying in is buying the peak. But the fucker keeps going higher.

>>10406124

Naturally you do not tak out a loan for a house until you have an income to support all the finanical struggles that go with it.

It just sounds idiotic to never have the goal of getting your own home and forever renting off someone else for your life. They can kick you out after the lease is up or sell the property and the new owner may just demolish the house/buiding etc

>2 more years of peasant apprenticeship wages until i can actually look into buying my own property

>meme the housing bubble collapse with all your mite pls.. i dont want to spend 800k for it to suddenly drop to 4 - 500 after a year

>>10406226

If you believe there is a bubble then why in the fuck would you buy instead of rent until it crashes and then buy?

>>10406124

>You guys sound like a bunch of white jews.

Melodramatic drama queen detected. I was just asking questions and stating that I cannot understand how renting can be more profitable than buying.

blackstone seems to be a scam to fleece investors ou of their shekels

at present rates real estate is a terrible investment

disclaimer as an investment vehicle not for your own residence

rents can only be jcked up to so high, extracting money from poor people isn't that profitable, for most western locals you see average rents being about 1/3 to 1/2 of median wages

while at the same time due to QE and such lax monetary policies the price of real estate has been jacked up very high

this also happened for stocks, but the dividend of stocks rose in proportion unlike rents

so if you have a bunch of shekels lying around investing in stocks gives a much better return on investment than rents

usually you get the argument of stability against crashes, here property values crash too or that you were to own the house after some time, here the time to pay the house of with rents is so long at this point the taxman comes around for the inheritance tax

now if you are (((blackstone)) you can take good goys shekels slumlord it and pay yourself fat bonusses for managing the goys capital

as to rents only niche markets like certain much desired locals (think SF, LA or NY) are profitable or section ape housing were you (((lobby)) the government to pay for poor peoples housing with limitless taxshekels while you provide the poorest of hovels

if slumlording was the most profitable option, nobody would gentrify or build luxury housing btw

>>10406617

her linkedin

Membership based live/work communities

Recognizing the rise of the sharing and freelance economy, Elvina founded PodShare in 2012 for travelers and digital nomads to experience minimalist live/work communities across Los Angeles.

Lean Startup: First 10 pods bootstrapped at Hollywood/Vine, three years spent on market research and aggregation of over 4,000 podestrians profiles (http://thepodshare.com/podestrians/) realized that 87% of Podestrians were solo travelers.

Crowdfunded: In 2015, PodShare funded 111% on Indiegogo to build its next location in DTLA of 18 pods. The new location is on the cover of Los Angeles Business Journal and Downtown News in June of 2016.

First to Market: Instead of one large building in a city, PodShare spreads "access spaces" across the city by public transportation and with access to bicycles with 12 and 24 hours rental passes, along with weekly and monthly discounts to those apartment hunting and/or interning/working temp jobs.

Hardware: "Bunk beds are for kids, pods are for adults." PodShare is continually improving its "pod"​ desig to replace the ladder, rickety top bed and adding amenities and shelving. In terms of co-living, PodShare is testing where we can live, in what numbers, how to activate a neighborhood, and the sociology of human "collisions"

Vertical: affordable housing, adaptive re-use of space, access not ownership, and the future of social networks with physical addresses.

Press: TechCrunch said PodShare tapped into the zeitgeist of the sharing-economy, LA Weekly named the pods "Best Place to crash"​, Digital LA named Elvina "Top 50 Digital Women to watch"​, and LAist said pods are "the future of live/work."

i'd be worried about those 4000 profiles she keeps

but everything i have learned about the realities of social interaction teach me that this concept cannot work, only the most lowT numales could live in these conditions without violence

once the underclasses and diversity get into these things with .gov subsidies ofcourse it will be a reennactment of rotherham but with manchildren instead of real children

>>10405394

It's only "better" right now because the prices on actually owning anything have been artificially inflated by mass immigration, and foreign and domestic speculators buying up shit tons of property they never use.

Rent itself is also quite high compared to what it used to be. Working class people often have to have multiple incomes or pack into them like fucking sardine cans with roommates. It's ridiculously bad.

>>10387041

Yup, America did the same thing to the Japanese in the middle of the 90s by allowing them to buy up mass amounts of real estate during their own late 80's Japanese housing boom with supposedly infinite credit, it is why the Japanese lost so much of their wealth and their economy is still struggling to this day from the massive amount of wealth that was sliced. Allot of these Japanese spent their income also on US real-estate, not just internally in Japan. This economic crash in Japan is often refereed to as the lost decade.

The chinks are following in their footsteps because of the Trade treaties increases which gives them allot of wealth. US and EU literally build the middle class in China. This wealth is flowing out of China at a high rate as well because of the Chinese government and their intentional devaluing of their currency (stealing wealth and increasing taxation, Chinese think if they invest in the west, they will be safe forever. The issue is in the 80s/90s the west went through a massive bubble as well and it still has not come down from that, these asset prices are massively inflated thanks to bankers, even the 2008 crisis had no real effect at the massiveness of the bubble because it was prevented from popping, while it certainly declined and stagnated a little, the only real issue was credit availability and too many people not paying their interest and walking away from their obligations, not surprisingly either since credit was handed out for free. Surprised i still haven't seen congressional legislation which makes walking away from a mortgage impossible unless the bank agrees, just like in most of western Europe.

I have a asset in property management and real estate in Victoria Australia, and you can really tell in the last decade that there has been a massive surge. Even today we see chinks after chinks buying up grossly overpriced real-estate and immediately signing up their property to be rented out to get on the rent-roll, i earn money from that but when talking with them, often through a interpreter, it is clear that those with the means to buy real-estate it is common knowledge that to increase your wealth the most easiest way is to invest in other countries real-estate and earn lots of money through rent income, it is common knowledge in China.

Expect this to eventually pop and prepare accordingly, it might not be caused by our own internal economies but externally. Because, as a result, young people have to spend 30 years of their working life if not more to pay for a median house. While in the 50's a 60's one could pay this off with 3-5 years of their labor to buy a median house. Eventually, people are going to wise up that it's a indentured lifestyle to buy a home in this economy, unless you earn a very high income and can pay it off easily. Today, more and more people are retiring in RV's and other methods in order to cut costs as they've been financially sucked dry.