Message from @Syenite

Discord ID: 686625956718575730


2020-03-09 17:20:06 UTC  

thank you for saying it

2020-03-09 17:20:29 UTC  

Here for example. Land is better than homes because you can rent land to farmers, it requires zero maintenance and zero upkeep

2020-03-09 17:20:33 UTC  

Yeah property is a stable investment but that's also the con

2020-03-09 17:20:34 UTC  

It's illiquid

2020-03-09 17:20:44 UTC  

Mortal Kombat 🤢

2020-03-09 17:20:49 UTC  

Also interest rates can nail you to the fucking ground

2020-03-09 17:20:51 UTC  

And there you go again

2020-03-09 17:20:56 UTC  

(((banks)))

2020-03-09 17:21:31 UTC  

But yes in general having a portfolio that also contains property as the ''risk free asset'' meme is generally a good choice

2020-03-09 17:21:44 UTC  

SPAWN

2020-03-09 17:21:45 UTC  

SPAWN

2020-03-09 17:21:47 UTC  

SPAWN

2020-03-09 17:21:49 UTC  

SPAWN

2020-03-09 17:22:19 UTC  

Thing is if you want to actually make a lot of money with property

2020-03-09 17:22:33 UTC  

You need to leverage your investments and for that you need bank loans and then if the market crashes you are fucked anyway

2020-03-09 17:24:15 UTC  

> 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

2020-03-09 17:24:45 UTC  

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

2020-03-09 17:24:49 UTC  

https://cdn.discordapp.com/attachments/228754920050786315/686625550974189592/eb83aa4.png

2020-03-09 17:25:00 UTC  

Teletubby is right about that

2020-03-09 17:26:24 UTC  

I mean. Look at rates here compared to other higher populated countries. Everywhere there is more people, there is a higher land value

2020-03-09 17:28:15 UTC  

I GOT IT

2020-03-09 17:28:16 UTC  

I FUCKING G OT IT

2020-03-09 17:28:21 UTC  

YYYYYYYYYYYYYYYYYYYYYYYYYYYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAYYYYYYYYYYYYYYYYYYY

2020-03-09 17:28:28 UTC  

Well done

2020-03-09 17:28:29 UTC  

WAR WON

2020-03-09 17:28:34 UTC  

I WAITED OFR 28 MINS

2020-03-09 17:28:39 UTC  

CONSTANTLY REFRESHING MY PAYMENT INFO

2020-03-09 17:29:00 UTC  

Yayyyyyyy

2020-03-09 17:29:15 UTC  

Congratulations

2020-03-09 17:29:21 UTC  

I hope your VR experience is legendary

2020-03-09 17:29:24 UTC  

Time to celebrate haha

2020-03-09 17:29:30 UTC  

margarita

2020-03-09 17:29:37 UTC  

https://cdn.discordapp.com/attachments/228754920050786315/686626757545164862/image0.jpg

2020-03-09 17:31:25 UTC  

https://cdn.discordapp.com/attachments/228754920050786315/686627215898968076/todd-mcfarlane-debuts-first-images-from-new-spawn_6zj4.1920.jpg

2020-03-09 17:33:00 UTC  

> 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

2020-03-09 17:33:07 UTC  

Expansion *

2020-03-09 17:33:20 UTC  

Maybe there

2020-03-09 17:33:21 UTC  

Idunno

2020-03-09 17:33:22 UTC  

The exact same thing I'm talking about happened in 2008