/biz/ - Business & Finance

[Anonymous No.17551090]

how true is this?

[Anonymous No.17551106]

>>17551090
he was shilling his bags

[Anonymous No.17551391]

>>17551090
50 years ago, the DOW was 800, now it is 26700. Real estate didn't rise that much.. If a young man had 50K$ in the 80s, he would have been better of buying stocks than real estate.
The ROI of real estate is not that good relative to other investments, only good thing about real estate is that you can easily loan money to "invest" in it.

[Anonymous No.17551408]

>>17551090
True in his day, because the internet didnt exist. His was the time of railroads and oil, so getting the right patch of land was crucial.

[Anonymous No.17551418]

>>17551090
Very true for his time, but not so much for ours.

The issues:

1. Population was skyrocketing in his day, meanwhile birth rates are cratering in ours. The only new additions are third world immigrants but they're all poorfags who live in government housing

2. While big cities were already established back then, new discoveries (particularly resources) were being made left and right, which could turn the sleeping cowtown you own an acre in into a metropole practically overnight if natural gas or oil was discovered nearby

Unless corona wipes out NYC or whatever and shifts the focus of finance and commerce to some nearby village, this ain't gonna happen anymore

3. Everyone discovered real estate already and boomers made a (on paper) killing with their shitty McMansions in the suburbs of Boise. You're buying houses they bought for 50k off them for 2mil

If you don't want to buy into the boomer bubble, the only alternative is high end real estate in big cities, but the doors for foreign billionaires were thrown wide open by the boomers a long time ago, so you're priced out already if you can't throw down stacks with sheikhs from Dubai, Russian oligarchs and Chinese inner party members

[Anonymous No.17551948]

>>17551391

average leveraged returns btfo high normie returns all day

you also cant get margin called in real estate. if you were 1 to 5 in equities last week you probably got liquidated

[Anonymous No.17551979]

>>17551418

crowding can go up as total population goes down by forcing everyone into cities. its pretty much global policy with agenda21 and climate change

[Anonymous No.17553091]

>>17551948
>what is foreclosure

[Anonymous No.17553157]

>>17551408
Also, the road infrastructure was a fraction of what it is today. You could own some shitty land that got purchased to build a road that would have no other purpose and be paid far above your purchase price.

If you own some shitty land in bumfuck at this point, no one is buying it from you at a premium unless you start a weed farm there.

[Anonymous No.17553213]

>>17551391
Printing money you say? To pump stocks? Thats all the stock market is. Hyperinflated shares.

[Anonymous No.17553326]

>>17551090
> trusting this beard

90 PERCENT OF ALL MY WEALTH CAME FROM KLEROS MEME TOKENS

[Anonymous No.17553480]

>>17551391
Few months ago I read an article called "The rate of trun on everything", I think I found it again:
https://voxeu.org/article/rate-return-everything
>Perhaps the most surprising finding is that total returns on residential real estate are on a par with the returns to equities – on average, about 7% per annum – but they are far less volatile.
so it seens they are pretty equal

[Anonymous No.17553565]

>>17551090