is it just me or does property seem to be the best fucking way to make money ever?
there's basically no risk.
>population increases
>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.
It's worked for the past 230+ years America has been around. Why the fuck do you think land was such a big deal in the medieval days? The original land lords.
>>1061231
>Niggers move in, trash appartment
Or
>Niggers move in next door/street, crashes market prices
>>1061250
They are America's cross to bear for the sin of slavery.
>>1061231
>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
Hnnnnnnnnnng
>>1061231
Kek OP
No risk - no money.
The only place where there is no fluctuation is either in your future grave or in a prison.
Boomers only were able to cash in lots of less than 1 acre go for about ~40k
>>1061337
>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.
>>1061231
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.
>>1061246
>Why the fuck do you think land was such a big deal in the medieval days? The original land lords.
B-because they farmed the land and could collect taxes?
>>1061344
>pic related.
>since 88, one county, only increase in sale value from a massive bubble
kek
>>1061344
>pic related.
ALSO
Nominal price not real.
>what is inflation
you are not making any money in fact
>>1061231
Google "bigger pockets" , other than one anon here who does lonnir deals this board is bereft of any real estate knowledge