Message from @Syenite
Discord ID: 686625956718575730
thank you for saying it
Here for example. Land is better than homes because you can rent land to farmers, it requires zero maintenance and zero upkeep
Yeah property is a stable investment but that's also the con
It's illiquid
Mortal Kombat 🤢
Also interest rates can nail you to the fucking ground
And there you go again
(((banks)))
But yes in general having a portfolio that also contains property as the ''risk free asset'' meme is generally a good choice
SPAWN
SPAWN
SPAWN
SPAWN
Thing is if you want to actually make a lot of money with property
You need to leverage your investments and for that you need bank loans and then if the market crashes you are fucked anyway
> LAND
@Syenite land and property in general is a bubble right now, has been since 2003. Wouldn't touch it with the largest pole until it deflates
As long as people keep fucking and expanding land will always increase in value. It may go down, but it will always go back up
Teletubby is right about that
I mean. Look at rates here compared to other higher populated countries. Everywhere there is more people, there is a higher land value
I GOT IT
I FUCKING G OT IT
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Well done
WAR WON
I WAITED OFR 28 MINS
CONSTANTLY REFRESHING MY PAYMENT INFO
Yayyyyyyy
Congratulations
I hope your VR experience is legendary
Time to celebrate haha
margarita
> As long as people keep fucking and expanding land will always increase in value. It may go down, but it will always go back up
@Syenite that's not what I mean by bubble. The whole property market is held up by cheap money. Expansive of property will value it up but its not a bubble
Expansion *
Maybe there
Idunno
The exact same thing I'm talking about happened in 2008