/biz/ - Business & Finance

>>26278548
>I basically never will be able to afford a small house with a large garden in the middle of nowhere.
If you're here then you should hold a solid stack of crypto. If so be optimistic. It's the normies who fell for the wage meme that'll never be able to afford their homes.

in France it's still raising but not as much as it was during the last 10 years

during 2020 RE rised by 1% against 3-7% before

Funny fact : large flats in paris lost -5% during 2020 whereas small flats remains unaffected by covid crisis

also Paris suburbs raised up to 30% in some areas because people want to flee from Paris due to lockdown PTSD

>>26278548
My house gained another $100K in market value last year.
Thanks Silicon Valley bros for all moving to Texas at the same time.

>>26278548
UK - 7.8% I think it was

I own 2 properties already so I’m good

We have the same problem in the UK bro.

Its a simple but toxic combination of high population density and institutional investors buying up land and property, creating further artificial scarcity.

Its fucked. Your best chances are inheriting from your family, as morbid as that sounds.

>>26278548
I fucking hate NL

>>26278548
You will live in a pod, and you will eat the bugs.

>>26278548
Sorry to hear man. From the Netherlands too, but got lucky and was able to buy during the previous recession. Market is absolutely fucked at the moment.

>>26278548
> England
> $341k is average house
> $42k average wage
> Only 7% rise
Feels good being a bong

>>26278682
Mutts are living a zimbabwean tier inflation, honorary niggers.

>>26278548
Kijk naar andere dorpen. Drenthe genoeg plek voor weinig geld

Hello fellow /biz/raelis.
I am in Canada, our average property value is over 600 grand.
We are totally and absolutely fucked.

Where I am in PA, USA is up about 7% on the year which I never really cared about but I'm about to move so it's time to cash in. Will prob be up another 7-10% next year as well

>>26278911
the eternal dutch, selfish antipathic sociopath nordicu.ck using his autist language on a english speaking board

people think that house prices will keep going up. let's see what happens once buying power has been destroyed.

>>26279026
>autist language on a english speaking board
This
>>26278911
Speak English you cancer whore

u gonna drown anyway

>>26279555
checked and openttdpilled

>>26279442
did you know that dutch travel to france / spain / italy with trailers behind their cars and they bring their tin cans?

never trust a dutch, they are the niggers of the white race

>>26279271
It's not just that. It's the fact that they are printing money at a rapid rate so it becomes increasingly worthless, and you require more of it to buy the same asset.

>>26278548
Taiwan, who knows, who cares. The market here is insane. The apartment I rent (in a condo building) would sell for US$700,000 if I wanted to buy it (it's one of the small units, the big ones are US$1,000,000). I rent it for about US$715/month. And it's a luxurious little place with a beautiful ocean view. The only "problem" is that it's FAR outside of central Taipei.

Roughly 20% of "home" properties are vacant, they're just bought and left to sit because "muh investment, can't lose money on property here, such valued!" The young people aren't marrying and can't afford to have children, so the population is actually declining (not just "aging"). The narrative used to be that relations with China would improve so much that mainlanders would fly over and buy homes here, because a million-dollar concrete box in the middle of the Lehua Night Market was surely more enticing than an acre of Oregon Coast land with views. Now of course relations with China are abysmal so the narrative is "but it keeps going up!"

Yeah, that's going to end well. Especially when China blockades and demands formal surrender, which I think will be in two or three years.

>>26278682
>Thanks Silicon Valley bros for all moving to Texas at the same time.
Thank them again in four years when Texas elects a bunch of Democrats who raise your taxes even more and let the nogs riot and burn your house down without even getting arrested because "muh systemic racism kill whitey reparations for the oppressed". Austin and Dallas are already headed in that direction.

>>26278795
I love how they think it's a good thing too.

>>26278548
You mean 11.6%
https://www.rtlnieuws.nl/economie/life/artikel/5208568/huizenmarkt-nvm-q4-2020-ongekend-11-procent

>>26278548
You live in a country that had to drain swampland because they ran out of space.
>>26278682
Doesn't Texas have really high property taxes? So if you dont sell all it does is increase your tax liability.

>>26279271
My wife and I both already bought an appartment before we became a couple, and we both sold our property for our current home. So we are currently living in a 550k euro home, with a mortgage of 230k. Even if the price tanks, we'd just be riding the wave without going into the negative. Not to mention our living expenses are very low.

>>26280151
Hey I make 6 figures, you mad poorfag?

Oh shit I broke my leg, 700K + tip.

Look ! Avocado toasts, 30$ is a fair price for this delicious food.

>>26280097
renting a flat worth 700K for 715$ per month is an awful ROI lol

> Oslo, Norway
> +12% in 2020
at least I can match that with shitcoins

LOL....people think their real estate prices are high or have gone up. Nothing compares to the shit hole Toronto. Prices rise 20% a year. The average detached home is over 1 million CAD. The average salary is 36k CAD a year.

This is what happens when you let the Chinese buy your country.

Pic Related.

>>26278980
600 Canadian? Whats that like €100k?

>>26278682
Don't worry, they'll californiacation your state into somalia tier los angeles soon enough too

A garage in Toronto in a laneway can go for 850k CAD. This was someone making brooms in a garage so they called it a broom factory. It's a fucking garage. There is a house on the front half facing a street. You don't even have access to the street from this property but use a lane way.

Pic related

>>26281251
>>26281099
when a bubble is just around to burst the rising is accelerated

pro-tip: the last suckers are buying the top before the crash

>>26281415
So why do you choose to live in Toronto then? It's a city for cucks.

>>26281415
you deserved it, enjoy trudeau ruling over you

>>26281415
How the fuck can it be abandoned for three decades, then sell for that much?

Did the council auction it?

>>26278548
Everyone from california is moving to my state. My buddy sold his house recently and he had 38 offers in the first day. Ended up selling it at over 60k market value (getting close to tripled). Shit is fucked. Oh also housing prices have more than doubled in the last 10 years while minimum wage has stayed the same the past 20.

>>26281469
>So why do you choose to live in Toronto then? It's a city for cucks.
>>26281474
>you deserved it, enjoy trudeau ruling over you

I have Biden the homo now. He still better than Trudeau I think but no one will ever be as good as Trump.

The Chinks bought all of Toronto and most of Canada. Fucking bug people buy complete floors of Condo buildings washing their stolen money from Chink land.

A house that cost 300 k in 2000 is now 1.5 million in Toronto and it is a rat infested shit hole.
I don't you Trannies. Fucked out out of there a long time ago to the USA.