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/biz/ - Business & Finance


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19334916 No.19334916 [Reply] [Original]

among other properties. He said the $2 million property generated $60K a year in rent which was a 3% yearly return rate. He figured he could do better.

The general consensus was to sell off the properties. I am making a thread about this because I was initially against this, but thinking about it, aren't housing properties due to crash thanks to Corona-chan? It's unlikely the property would maintain its value over the course of the next couple of years. So yeah, I think I'm horribly wrong and that anon was right.

>> No.19335077

>>19334916
Just watched https://www.youtube.com/watch?v=q2V_1QA9kcg
Apparently prices themselves are expected to either have subdued growth or slight loss (like 2%).
Personally I'd sell and invest, while real estate prices haven't dropped, the market has. I'd dca into a bunch of vanguards with a combined dividend of 3% and forget about it.

>> No.19335855

>>19335077
Oh, I was watching this.

https://www.youtube.com/watch?v=MPFPBzr7FgY

But I'll check yours out.

>> No.19335908

>>19335077
For every person out a job right now someone else is getting a fat bonus or a raise. Plenty of businesses are doing better than ever in this environment. Demand will remain more or less the same.