When you talk to me about crypto, I feel like I am in the top 1% in terms of knowledge and understanding
It feels comfortable to speak about something when you have a lot of experience and knowhow
Talking about gold and silver I feel pretty knowledgeable
Pretty sure my fellow #silvergoldstackers know a lot more than me but I am pretty knowledgable about gold and silver and its history, maybe not knowing all the lore of each coin but still
But when it comes to real estate, I am definitely not the person to ask
I mean I have seen The Big Short, but I am sure there is a lot of lore behind how the real estate market was used as a way to create and sell bonds and such.
If you have any interesting content on the matter send it over
I am curious to learn about world wide real estate, UK, Dubai, US, Europe... how's it going?
Im under the impression that everything everywhere is overpriced and a rip off everywhere
When all the finance bros came in to buy up all the properties to max out the yield from renters or AirBNB it is as if they swooped in and took over an entire market while leaving the common folk who may want to get their own house and land with a picket fence and a doghouse of their own to start a family with.
For fun I went to see what is available to rent and wow was I disappointed..
All the houses for rent are looking so boring and the only house so far that I like is so out of range lol 3 million dollars haha its nuts to maintain such a place
Then the rest is just condos the closer you get to the cities... terrible options I feel bad for the ones coming up
The real estate bros had a good run though
Imagine borrowing money to put a down payment on a property which is cash flowing big amounts, then the property doubles in value over a few years while making money all along and wow they are genius' all of a sudden lol
But those days seem to be over depending on where you are.
How is it in your area, do you follow the average rents and property values in your area? have you noticed anything? Share and let us know what you think is going to happen
