/biz/ - Business & Finance

[Anonymous No.54403699]

Why is /biz/ anti real estate?

[Anonymous No.54403711]

>>54403699
because no one here owns any real estate

[Anonymous No.54403827]

>>54403711
checked and based

[Anonymous No.54404049]

Reality is an illusion. Wake up, Neo.

[Anonymous No.54404074]

>>54404049
Those words look Aramaic, interesting.

[Anonymous No.54404094]

>>54403699
>>54403711
>>54403827
Because biztards are unironically basement dwelling NEETs with no money, no prospects and CERTAINLY no property. They want to drag and claw everyone else down to their pathetic level. It’s probably the reason why if you don’t reply to this post your mother will die in her sleep tonight

[Anonymous No.54404105]

>>54403699
It's an objectively shitty asset. So shitty in fact that simply buying t-bills outperforms it now. I average 25-35% yoy returns just moving paper around, and people dumber than me can just index invest and get like 2x the return real estate cap rate would give them. Why would anyone assume the risk and headache of holding an illiquid physical asset when almost every paper market is capable of outperforming it.

[Anonymous No.54404111]

>>54403699
Because real estate shouldn't be traded like a speculative shitcoin in the first place. LITERALLY the number one issue of any country
It's the source to ALL evil

[Anonymous No.54404114]

>>54403699
>buying the top

[Anonymous No.54404139]

>>54404105
Brainlet here liquid cash formerly for property
Teach me

[Anonymous No.54404145]

>>54404105
>>54404111
>>54404114
The salty faggot cockroaches are crawling in proving me completely correct. You love to see it: read it and weep faggots: >>54404094

[Anonymous No.54404168]

>>54404094
interesting

[Anonymous No.54404171]

>>54404145
Not a counter argument, you butthurt trannie

[Anonymous No.54404181]

>>54404111
>>54404105

When you buy real estate you in addition to having an inflation proof asset, if it is rented you are making a dividend greater than any stock return I believe

[Anonymous No.54404415]

>>54404094

[Anonymous No.54404538]

>>54404105
This is your brain on addiction to line going up
Sooner or later you’ll find out all that matters is REAL assets. Not fucking 01010101 or pieces of paper. Only use the latter insofar as much as it gives you REAL ASSETS.

[Anonymous No.54404579]

>>54403699
Too retarded and too poor to buy any

[Anonymous No.54404795]

>>54403699
Real estate market in Australia is so fucked that it has mentally broken me down to the point where I want it to be one house per couple/family. Enforced by law.
t. home "owner"

[Anonymous No.54404926]

>>54403699
because /biz/ wants to waste money on cumcoin instead. biz doesnt understand cash flow or how to use good debt. biz is also too autistic dont have social skills for closing deals, building relationships with lenders or screening tenants

[Anonymous No.54404979]

>>54404795
this. and the roasties in the ausgov will never fix it. best to buy overseas

[Anonymous No.54405004]

>>54403699
they don't hate real estate, they just hate
>the thought of paying for the privilege to live on someone's property

[Anonymous No.54405151]

don't want to get cucked with $5000 annual property taxes on a pile of nailed plywood and 2x4s that's just gonna disintegrate over time unless you spend more thousands each year to maintain all so that you can "own" something "real" and end up performing worse than a Treasury bill.

[Anonymous No.54405168]

>>54403699
Real estate is a "by who you know" type of business. You have to be an overall likeable person, and in general you should like people as well. It doesn't mix well with the typical bizlet. It is also mostly jew owned by now and has many barriers to entry. Many (((hoops))) to jump through.

[Anonymous No.54405196]

The time to buy real estate was 10 years ago.

If you buy today you're buying the 40 year cyclical top and will get rekt by the crash.

[Anonymous No.54405215]

>>54403699
Because crypto seems like it has better short term prospects and I can get the real estate later

[Anonymous No.54405236]

>>54405151
>>54404105
these niggers dont understand that real estate yield is not why real estate is so effective. hint: look into debt/equity, forced appreciation, land utilization

>>54404094
>>54403711
>>54404181
>>54404538
>>54405168
these guys get it

>>54405196
this guy is underage lmao

[Anonymous No.54405237]

>>54403699
home ownership is for comfort but its not a good investment because as many anons here already said even t-bills do outperform it

[Anonymous No.54405249]

I bought 5ac of producing fruit trees and 3bdm house in 2019 for 390k.

I spent 60k renovating. Now i rent the house out for 520 a week. I sell the fruit for several thousand cash each year. No mortgage.
So..... nice cash flow, and the property is worth 700k now.

[Anonymous No.54405275]

>>54405237
agree, home ownership is for comfort. it is not an investment at all. but i think op refers to real estate investing in his question, not home ownership appreciation

>>54405249
congrats, you are the only guy here who understands debt/equity, forced appreciation and land utilization all at once

[Anonymous No.54405283]

>>54403699
We don't hate real estate. 99% of people here in fact just want our own homes, but are otherwise completely priced out. We hate the price discovery housing has gone through, and to buy a house now would be to buy after a 13 year perma-giga-bull run. So If you're trapped in the interstice, you just rentcuck, live with mommy, or do like I do and live in my gfs moms basement.

If housing hypothetically never crashes/corrects, then gg to the type of people who want to depopulate the world. Nobody will be having kids with this environment, that's for sure

[Anonymous No.54405324]

>>54405236
>>54404538
>>54404181
>>54404145
These are cope posts. It takes 5 minutes to pull up a chart of the shit&piss500 versus the SIXRE. Enjoy your bags real estate cucks.

[Anonymous No.54405340]

Hoomer niggers are so fucking retarded like they expect a 23-30 year old only JUST getting their hands on 1k-25k liquid to be able to ape in like a Reddit nigger into hoomer status. There fucking idiots bought homes when pizza delivery fags could afford to live on their own and they expect us to have our shit together while the majority of real estate is owned by old fucks who will them leave them (current hoomer niggers) everything. I’m Im not even against inheritance I’m a capitalist but the fact that these mouth 1 dimensions breathers mock us for being incapable of buying their bags/ refusing to take RISK at this OBVIOUS MARKET TOP is pretty retarded. Fuck you pieces of shit I’ll be buying those bags in CASH when you’re hanging from rope.

[Anonymous No.54405363]

Hoomer niggers are so fucking retarded like they expect a 23-30 year old only JUST getting their hands on 1k-25k liquid to be able to ape in like a Reddit nigger into hoomer status. These fucking idiots bought homes when pizza delivery fags could afford to live on their own and they expect us to have our shit together while the majority of real estate is owned by old fucks who will then leave them (current hoomer niggers) everything. I’m not even against inheritance I’m a capitalist but the fact that these 1 dimensional mouth breathers mock us for being incapable of buying their bags/ refusing to take RISK at this OBVIOUS MARKET TOP is pretty retarded. Fuck you pieces of shit I’ll be buying those bags in CASH when you’re hanging from rope.

[Anonymous No.54405421]

>>54404139
Don't try to learn how to trade in this shitty clown market. If you're new to investing and can open a fresh account you'll be in a good position to load up on cheap dividend stocks and index funds. Don't buy anything with a market cap less than a few billion, write down a set of rules regarding where you take profit and cut losses and actually follow them, pick boring things that have an existing captive market (telecoms, home depot, McDonald's, etc). If that goes well you can move on to commodities and then options.

[Anonymous No.54405531]

>>54403699
fake coins > real estate
simple as

[Anonymous No.54405557]

>>54405324
>It takes 5 minutes to pull up a chart

Yyyyyeeeeeaaaaa fuck your chart. Charts mean fuck all when you actually do real estate math on individual properties. Obviously you never moved out of your parents basement and split the rent. It's literally way too hard to fuck up real estate investing

[Anonymous No.54405591]

>>54405557
>too stupid to understand rate of relative change
>disregards data when presented
For people like you real estate is perfect. Trading requires having a triple digit iq.

[Anonymous No.54405698]

>>54405591
Yup, your data and charts are actually meaningless in the face of good deals. I'm being dead serious, i disregard your data cuz charts mean nothing when you just develop bare ass minimum social skills and talk to people and look for deals.

I trade options btw. Options was the reason why I understand premium (aka cash flow) and applied it to real estate. It's also what I started with before I got into real estate too.

[Anonymous No.54405825]

>>54405698
>market data doesn't matter, I'll just buy the bottom of the order book
This is you, this is what you sound like.

[Anonymous No.54406183]

>>54403711
Nobody "owns" real estate. You can only rent land from the government. They can seize it at any time, for any reason. If you fail to pay your rent to the government, they seize your land.

[Anonymous No.54407402]

>>54404795
Sneed

Just settled on my place in Sydney as a single guy

[Anonymous No.54407432]

>>54405324
>5 minutes
you mean 10 seconds

[Anonymous No.54407439]

>>54404105
I'm not a landlord so I don't know what the rental cap rate is, but that doesn't seem to take into account the increase in value of the property, only the income generated by it.

[Anonymous No.54407442]

>>54405557
>Charts mean fuck all when you actually do real estate math on individual properties.
the same can be said about stocks, retard

[Anonymous No.54407941]

>>54407439
>Property value only goes up
Also, depreciation/maintenance costs, legal fees, property taxes at the very least. Never mind being completely beholden to the political/demographic/economic winds of fortune for a specific area.

[Anonymous No.54409639]

flooded with poorfags. biz used to shill landlording as the ultimate passive income goal.

[Anonymous No.54409650]

>>54403699
>loots pagan temples
>reincorporates their hits into the marble of cathedrals
pottery

[Anonymous No.54412340]

>>54407442
>>54405825
Lmfao go worry about your 0.5:1 rr and your tiny ass 1% drawdown on a $300 """day trading""" account. Meanwhile I'll collect rent from you and your mom every month and sell you worthless options contracts

[Anonymous No.54412579]

>>54407439
You're asking the right question for sure. You can think of rental income (and everything related to it including Cap rate) as the defensive strategy. Once you get a good defense, focus on the offense strategies which are gonna be value adding/forced appreciation by doing things like making new rooms, renovating, selling, refinance, charging for parking, growing vegetables in the backyard and selling it etc. Just be creative

Stuff like cap rate doesn't even cover half of real estate but I do admit it's important and is the absolute foundation in real estate investing. The good news is that there are good deals literally all the time, market crash, bubble peak etc etc. And if you find a place that has a solid foundation in math (and they are somewhat easy to find), it literally only gets better from there.

[Anonymous No.54412592]

>>54403711
checkem

[Anonymous No.54412605]

>>54412340
God it feels good to be a landchad. Interest paid being tax deductible is just icing on the cake. There is a host of other benefits on the tax side, like claiming depreciating against rental income.

[Anonymous No.54412621]

>>54412605
depreciation*

[Anonymous No.54412816]

>>54404415
thanks, saved to my pc

[Anonymous No.54412910]

>>54412605
hell yea brother. i totally forgot about the tax shit. i just paid off my f150 and wrote off the majority of my truck

[Anonymous No.54413097]

>>54403699
because /biz/ is populated by ameritards who don't have access to fixed rate lending. they can't magically borrow 200k to the bank at the hefty rate of 1%, buy a small flat in Paris, obtain a rent exceeding monthly repayment while the market value keeps going up for the next two centuries.