is it just me or does property seem to be the best fucking way to make money ever?
there's basically no risk.
>demand for property increases
>house prices increase
>demand higher rent/ sell property for profit.
I love the concept of property and will buy some as soon as possible.
pic not related.
>is it just me or does property seem to be the best fucking way to make money ever?
>hasn't even doubled in real terms in over a hundred years (excepting a short peak of some bubble)
>best way to make money
>using macro indicators of property value instead of the micro-ones that actually matter
Try using a micro model like pic related. Sure if you invest in a declining neighborhood you'll lose money, but ghettoization is usually easy to spot from a mile away so it's your own fault to not get out/diversify your locations.
An even more sure-fire way to ensure profit is by flipping houses--and I mean contracting Mexicans to do all the hard work for you while you make the executive decisions and check in once a week.