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/biz/ - Business & Finance


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712637 No.712637 [Reply] [Original]

Hello money savvy /biz/nesspeople,

So, I was wondering what was the better investment in the long term:
-renting an apartment;
-purchasing an house;
-purchasing a condo.

>> No.712646

If it's to live in it for less than 5 years, probably renting.
Else, buying. But you can do your own research..
http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0

>> No.712669

>>712637
Depends on the country / City. I bought an apartment and doubled my investment in 2 years

>> No.712670

There is no one correct answer to your question.

>> No.712739

>>712637
Don't buy on NYC/London/Paris etc.

Don't buy on suburb area

Otherwise, buy.

>> No.712744

>>712637

Investment?

Buying a condo or house is usually the best long term because renting is a scam to trap the poor in a cycle that keeps them from saving money.

>> No.712756

>>712637
I've read many biz thread about this and the consensus seems to be all three is bad, you should just hoboed it out.

>> No.712766

>>712739
>Don't buy on NYC/London/Paris etc.

>>712669
>Depends on the country / City. I bought an apartment and doubled my investment in 2 years

Well, I am considering purchasing in Montréal right now, which has a pretty strong buyer's market for new condos.

Not sure how the market will evolve in the next few years.

It's kinda hard to get good data on the market because most information sources are real estate agents and condo builders.

>> No.712767
File: 228 KB, 499x499, rarepepe981.png [View same] [iqdb] [saucenao] [google]
712767

>>712756
Consensus on biz is that you should invest in bitcoins and rare pepes

>> No.712777

>>712646

this.

>> No.712791

>>712767
>consensus
>like 3 samefags in every thread
>litetally the opposite of a consensus

>> No.712805
File: 42 KB, 448x539, rarepepe020.png [View same] [iqdb] [saucenao] [google]
712805

>>712791
lol no

>> No.712847

>>712805
>and one annoying tripfag

>> No.713782
File: 1.72 MB, 500x415, rarepepe001.webm [View same] [iqdb] [saucenao] [google]
713782

>>712847
Nocoin shill pls go