Message from @Syenite
Discord ID: 686626734334148643
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
YYYYYYYYYYYYYYYYYYYYYYYYYYYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAYYYYYYYYYYYYYYYYYYY
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
> 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
I'm referring to land specifically
And nothings changed in fiscal or monetary policy since
in Canada
Well land in itself follows the same path
PSA: dont live in Toronto
Loo
Lol
Well don't buy land in urban like a dumb dumb
buy cheap land in rural
It's mortgages fam
You can't buy land with a mortgage
Government backed insurance
You gotta save up and buy it cash