/biz/ - Business & Finance

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Anonymous Wed Jul 11 21:09:45 2018 No.10236093 [Reply] [Original]

biz, do you own land?

>>	Anonymous Wed Jul 11 21:29:17 2018 No.10236249 Yes my family does for generations. Its a strange asset due to property tax means you have to monetize it via income farming, ranching, oil gas wind, etc. Or hold until a sale. You cant just really hold massive tracts without incurring holding costs.

>>	Anonymous Wed Jul 11 22:38:43 2018 No.10236881 >>10236093 He ain't making any more gold or oil either.

>>	Anonymous Wed Jul 11 22:59:45 2018 No.10237077 Hawaii just got done making more.

>>	Anonymous Wed Jul 11 23:30:11 2018 No.10237356 >>10237077 was there a tsunami?

>>	Anonymous Wed Jul 11 23:30:33 2018 No.10237359 >>10236881 literally is

>>	Anonymous Wed Jul 11 23:38:26 2018 No.10237420 >>10237356 Volcano eruption

>>	Anonymous Wed Jul 11 23:53:26 2018 No.10237530 >>10236093 It's not possible to own land. the govt owns all of it

>>	Anonymous Thu Jul 12 00:13:48 2018 No.10237718 >>10237359 Making oil?

>>	Anonymous Thu Jul 12 02:18:24 2018 No.10238591 >>10237718 shale

Anonymous Thu Jul 12 02:27:16 2018 No.10238634

>>10236093
dude the only thing land is good for is buying it and holding it for 10-30 years. As country expands more people move in goverment connects more desolate areas to the grid hence your land far from the center begins to rise in value as the city expands clsoer to it . Thats when you sell or build say a housing complex by pooling investors if your broke

>>	Anonymous Thu Jul 12 02:28:19 2018 No.10238643 >>10238634 at least thats what my 60 year old high ranking boomer dad says

>>	Anonymous Thu Jul 12 04:18:46 2018 No.10239277 File: 40 KB, 480x270, 1511359233886.jpg [View same] [iqdb] [saucenao] [google] >buying land More like renting it from government.

>>	Anonymous Thu Jul 12 04:22:34 2018 No.10239293 File: 1.22 MB, 2048x1152, vil.jpg [View same] [iqdb] [saucenao] [google] >>10236093 My family own a handful of fields, a farm and a forest in the deep countryside. The forest is to my name IIRC.

>>	Anonymous Thu Jul 12 04:39:10 2018 No.10239376 >>10239293 >that copy paste cow We bull now.

>>	Anonymous Thu Jul 12 04:45:10 2018 No.10239416 A shit ton

>>	Anonymous Thu Jul 12 04:46:00 2018 No.10239421 >>10239277 THIS

>>	Anonymous Thu Jul 12 05:35:07 2018 No.10239695 >>10239376 >he's mistaking a brown cow for a golden bull Not gonna make it Also that land doesn't really make money, we rent it to a farmer but gains are small.

>>	Anonymous Thu Jul 12 06:27:23 2018 No.10239934 >>10236093 Maybe God isn't making any more land, but sure as Hell Singapore is.

>>	Anonymous Thu Jul 12 08:40:30 2018 No.10240724 I thought owning land was just a meme

>>	Anonymous Thu Jul 12 08:45:33 2018 No.10240753 >>10236093 When AJ lost all his money in a bad land deal and tried to drown himself with the pool vacuum cleaner I almost cried.

>>	Anonymous Thu Jul 12 09:29:45 2018 No.10241085 >>10236881 nor bitcoin my guy

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