/biz/ - Business & Finance

>>14656399
what is the point of this thread?

>>14656399
comfy desu

>>14656406
That you could have bought BTC in 2009 and be a billionaire now

>>14656399
you can still get them for 8k in the hood.
why would you pay six or seven figures just to live next to a bunch of white people, isnt that racist?

>>14656456
to ensure your house is worth 8 figures later

>>14656406
The boomers distorted view of reality and the market

>>14656399
$1 would be $10 today, so it's 80k

>>14656399
>sells as 8 bedroom rental in 2019 for 750kthanks

>>14656406
That boomers were the most lucky fucks ever. They could buy house(s) with a minimum paying job, they could walk into a store and get a job the same day, etc etc.

My dad's friend was actually a smart guy back then compared to 98% of the other boomers, he got a really good paying job, bought his own house at first, then another one that he RENTED to other people and he kept doing that for decades. When he reached 65 (retire age in my country) he sold them all. The cheapest house he owned was around 700k and the most expensive one was around 2.5 million.
According to my dad his friend had a passive income of $25k-30k from those houses alone, which means he was a multi-millionaire back in early 2000s and when he sold all of his houses he had a net worth of $20-$25 million. He didn't even handle the renting out houses part and he worked a full-time job because he would get bored otherwise, so he probably sits on $30+ million simply because it was so cheap buying houses back then.

Every single time my dad told me that he got his first apartment "when he was 18" back when I turned 19 pissed me the fuck off. Yeah it's possible nowadays aswell, but it's not even comparable.

>>14656399
Cheap because made of cardboard. American “””housing’’’’’” everyone

>>14656399
>sold his house in 2019 to some faggy zoomer for half a mill
*crack*
*sips*
ahhhh
enjoy my bags bitch
btw the walls got termites and there's rot in the foundations

>>14657970
>they could walk into a store and get a job the same day
I'm warning you, never read Bukowski.

republicans want to get everyone a house, because people with property vote conservative while dems want dependent neets who vote for gibs. it s not like they would gibe a shit anything else.

>Levittown
Where the satanic concept of "suburbs" began. Fuck that. Once I make it I'm moving innawoods and buying as many Boomer mcmansions developments as I can just so I can bulldoze them and plant trees.
Suburbs and cities are Jew conspiracies to separate man from the primal power of nature and sever man's connection to the earth.

>>14656399
Smart investment sir, if only the youth of today were as foreseeing, hardworking and intelligent as you were.