Houses in Canada and Australia can cost millions because of the

>>68535397
who the fuck cares

Why would you want shitty houses made out of fucking paper? just rent like a non-retard.

>>68535408
>throwing money away

>>68535408
are you serious desu

>>68535417
And is interest on your mortgage, maintenance costs and property taxes not also throwing money away?

>>68535445
But at least after a few years the house is yours. Also mortgage is a lot cheaper than the rent, at least here.

>>68535418
Yes I'm serious.

Renting is superior in almost every case, at least in North America.

>Being tied down to one part of the country/world
>Buying overpriced paper mache """"""houses"""""""
>Spending all that time and money on maintenance

Good goy

>>68535478
>But at least after a few years the house is yours.

>a few years
30 years?

When you factor in all the effort it's not worth it.

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>>68535408
>Shitpost about chinks
>CIDF responds immediately

Fuck off Ping

>>68535510
>30 years?
Depends, can be in 10 years.

It's way cheaper than renting, you just need to have some money up front

>>68535527
>Telling retards that maybe a house isn't really as great of an investment as the Jews would lead you to believe

>CIDF

i don't understand

>>68535540
>It's way cheaper than renting, you just need to have some money up front

Not that way here desu

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>>68535557
>Houses aren't a good investment
>That's why chinks break multiple laws and spend millions just to invest and own them

Sure Zheng.

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>>68535408

>just rent like a non-retard

>>68535627
dunno how things are canada, but here in NZ where we have a similarly inflated housing market, partially due to chinese immigration, a big reason for their investment in property is to launder money. they buy the property with funds from a chinese account that is subject to controls on removing liquid capital from china, then onsell the property for liquid capital into a local account

>>68537427
Yeah because the ROI is so good too. In Vancouver people become millionaires over night by selling their parents houses they bought for 50k.

>>68535397
Because we made the money by selling to them already lol

>>68535749
Wouldn't the jew meme be more applicable to retards get jewed by builders and real estate agents?

>>68535627
>>Houses aren't a good investment
>>That's why chinks break multiple laws and spend millions just to invest and own them

That's because it's a great way to launder money. They're using criminal money from China to buy homes with almost zero questions asked.

>>68535397
Can someone explain to me how the chinks are effecting housing prices? Like..literally how? I'm not very knowledgeable on the topic.

>>68537427
Exact same shit happens here. It's been in the news every week this year.

>>68540188
Because when less x is on the market than the demand for x, the price of x will rise. If you buy some x before said rise, you can sell it back and make a profit.

A big issue here is that if you are a foreign buyer, the banks will let you mortgage a house with no credit history- just a down payment. This means you don't need to have money equal to the market price of the house, just a fraction of it.
Then you can sell that off and cash out with an increase.

>>68540188
Would you rather have someone take out a loan to make payments for 30 years or have someone from China write a check?

>>68540188
Mostly rich as fug Chinese emigrate to America apparently.

>>68535510
>Renting is superior in almost every case

t. Landlord.

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it really does.

deport the chinks
esp. the ones with multiple nationalities

>>68542363
good luck ya rat, im chinese with aussie birth certificate so the only place you can deport me is in ya mum

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>>68541522
Why on earth would you ever need more then one passport?

>>68542681
This

My family does some shit here in the US too but I'm born here

>>68543520
The 14th Amendment was a mistake.

>>68543665
Doesn't matter, I have 2 citizenships but I was born in the US, you can't deport me anywhere unless back here.

>>68543774
If the 14th amendment didn't exist, then yes we could deport you. Jus soli citizenship didn't exist here until its ratification.