/biz/ - Business & Finance

>>18649337
as long as you're spending less on rent over the same period of time, its fine
using round numbers here,
>buy house for $500 000
>sell for $400 000 because you bought the top
>other guy renting at $2 000 at month
in about 5 years, you're both theoretically at the same price point. home ownership is so much more baller than fucking renting.
imagine calling an uber or a taxi every time you want to go somewhere, that's what renting is like.

>>18649337
The secret /biz/ server link is discord gg CpqQw7b
We will interview chainlink founder Sergey Nazarov this week

>>18649337
better luck next life

>Fell for the XRP trap
>Now trolls have baited Brad and Dave to torpedo whats left of Ripples reputation by getting them to bully Youtube

Just...

WHY AREN'T MILLENNIALS BUYING MY BAGS???

>>18649337
Banks De-list houses so the prices don't go down.

>>18649479
thing is i live in a 1 room student studio and monthly costs are below 400 euro.
i can currently save 1k every month

>>18649337
Well its not going to crash today, because there is 0 market activity right now.
You need to wait a few months.
>No one is buying
>Massive unemployment
>Brick and mortar retail and small businesses are going bankrupt.
>1/3 of rent is not being paid
>No one is using airbnb
>Flippers are sitting on empty properties.
>There are more than nine million second homes in the U.S. that may or may not be financially viable given the depth of the current recession.
>1 trillion dollars in student loan debt among ages 25-35
>About eight million landlords who own between one and 10 properties accounting for half the nation’s rental properties. Financial duress will come swiftly for those carrying multiple mortgages.
>As many as 30% of Americans with home loans, or some 15 million households, could default if the nation’s economy remains closed up through the summer.
>Immigration has been halted due to the virus.
>Interest rates are already near 0 and can't really go much lower.
>JPMorgan has bumped its loan requirements to 20% down and 700 credit score.
>The jumbo mortgage market is disappearing.
>list prices are already down 6% in april

>>18649337
Recessions usually take a year or two to play out. You're 1 or 2 months in. Have patience lad.

>>18649337
Yes.

>>18649626
This anon is on the right track.

>>18649670
>>18649740
"just wait a few more months"-lets viciously BTFOd with one simple chart

>>18649337
Not only that, the stock market will only go up, crypto will only go down, you will forever be priced out of everything and forced into wage slavery or military service.

>>18649662
save up for a house. can't raise a family in a studio apt

>>18650015
Mein Neger.

Chances are high that you could be entirely correct.
However, me personaly, I'm still not sure about crypto only going down.

>>18650054
What does Socrates tell us today, Marty? When will we hit the bottom?

>>18650008
>Case-SHILLer
I'm onto you

>>18650103
>Standard & Poors
>Poors
poorfags when will they learn