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You've brought up something that we're wondering:
"The 'rich man' doesn't need the market; he has the wherewithal to 'wait it out.'"
Gonna watch closely though.
You've brought up something that we're wondering:
"The 'rich man' doesn't need the market; he has the wherewithal to 'wait it out.'"
Gonna watch closely though. https://t.co/Hv6fx3kQL2
@MatznerJon To be clear I don't live in America but in my experience as a 3rd worlder that America is rapidly becoming,I think you are being set up as I remember articles that state private equity is buying up houses so your corporate media is just trying to convince you to sell to them
@MatznerJon The numbers that will be used in this math equation are for the current environment but once private equity gains a large enough share of the rental market the rent will jump
Because remember every owner that sells becomes a renter but the equity firms increase their share
@MatznerJon Barely a millionaire, but the math is simple. Today's housing prices are insane. I own 1 rental and the house I live in now. We want to move to Austin. If we move right now we are putting our current house up for rent and signing a lease in Austin.
@oslandd@rockets4all2@MatznerJon That's a good point of view.
His strategy works because he already has an asset which he acquired in the past years before prices went up and can now rent it out while renting in other places compared to others who have no asset.
We're all playing a different game.
@rockets4all2@MatznerJon The math IS simple, you already own two properties and so would be comfortable moving to rent elsewhere. But you wouldn't sell both of your properties to do so, would you? This strategy isn't a decision for people with no assets, though. They rent because that's the only option.
@farminglvl99@JHS19701@MatznerJon Since the 90s there has been a housing bubble that popped.
Markets are cyclical, there are times to buy and there are times to be patient.
If you think now is a time to buy, then good luck with that.
Cost of ownership vs renting is also at near highs
@_mrdoge_@JHS19701@MatznerJon Inflation is so fast + price manipulation its impossible for normal guy to time the market. Houses can go to unimaginable levels and the rich will still buy them and corporates will manipulate the prices up even more. And it leads to this notoriou situation where only rich people…
@_mrdoge_@JHS19701@MatznerJon Well I hope you manage to time the market. There are millions of ppl who thought in 2015 markets cant go up forever and crash will come soon. And millions in 2020 who were sure crash will come at any moment. Life is very short and many ppl wait the ”right time” their whole life
@ThaBoyYom This helper mentality is one of the reason they are more susceptible to crime
I don't know why any adult will be living life thinking someone is out there coming to save them or anyone will give them something for free without wanting anything in return
If men were informed in advance that the love of a woman they are romantically involved with is conditional, and unreliable,
they would be far less heartbroken when a woman leaves them.
Once in a while, engage your girlfriend in intellectual discussions and see who you're dating.
Try not to laugh and keep a straight face.
I didn't say that you should break up with her ooo.
But plenty girls no get sense like that.
😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂
End.
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