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Forum » U Must Own As Many Properties As U Can...
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Thread: U Must Own As Many Properties As U Can...

post 1652560073 12-14-2021, 09:18 PM
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#91
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Originally Posted By r32gojirra⏩
Lol backpedal? I didn’t delete any posts. They’re all up there intact.

But whatever lets you cope kid



So…. You think the currency will go up in value from here relative to whatever currency you bought it in?

K den
Short-term, Yes. But, It is really just a counter-trend move compared to long term fundamentals. Kangaroo DOLLARS basically depreciate against every currency WITH their piss-tier economy and HIGH interest rates of AZZ.
- Keep the misc great again

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The world is YOURS boyos.
post 1652560113 12-14-2021, 09:20 PM
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#92
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Originally Posted By Slaydom⏩
No I’m timing the market. Made it very clear

What part of that do you not understand?
My psychic powers predicts a market crash in March 2022....
Everything I post is satire.
Tricknology Grand Master.
post 1652560123 12-14-2021, 09:20 PM
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#93
  1. r32gojirra
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Originally Posted By GaryCarnivals⏩
Most people simply cannot afford a down payment for a house. INCOME is everything. INCOME is the number one tool for building wealth.
Originally Posted By Anachron⏩
I mean, if you think the way to get wealthy is with your own labour...

We were all naive at some point in our life I guess.
Interesting because the first post was referring to INCOME

Weird that your brain went straight to income fromlabour - rather than, say, capital…

Well not so much weird but telling
Originally Posted By Anachron⏩
And five from you doing the same thing that you are accusing me of.

And I caught your edit. I pointed it out not less than three times, and you ignored it. Stay rustled - not everyone is impressed by someone posting a bank balance in kangaroodollars.Probably because anyone who does that thinks it's a bigger deal than it really is.
Impressed no, but rustled? Absolutely

But to answer your question, yes having money, assets and retirement savings does let me sleep soundly at night.
post 1652560213 12-14-2021, 09:22 PM
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#94
  1. Nicklol
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any houses for sale for 23k in toronto?
Doordasher crew (SRS)
Bidet Crew
Nissan Versa 2023 crew
Bald crew
post 1652560293 12-14-2021, 09:24 PM
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#95
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Originally Posted By r32gojirra⏩
Are you going to sell the houses you have now before the crash?
Fuk no, I will always be able to rent for more than mortgage. I might consider buying when the market is low. It depends where your at. Where I live in the rocky mountains, the housing market might get lower but history shows it likely won't full on crash. Mid western states is probably a different story. Indiana, Illinois, Michigan, ect might hit a rock bottom like the recession in 2007
post 1652560413 12-14-2021, 09:27 PM
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#96
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Originally Posted By lebowski951⏩
I'm on the fence about buying another property as well. With inflation running rampant and housing allegedly in short supply I'm inclined to think buying sooner rather than later would be better.

Why do you think housing may take a down turn?
Last time we had inflation anything comparable to this was in the 80s. Interest rates were pushing 20% so people werent buying. Inflation is worse now than then. I'm hoping I'm wrong but I think interest rates will go sky high. I got 2% interest rate when I bought a couple years ago for reference.
post 1652560603 12-14-2021, 09:33 PM
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#97
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Originally Posted By Anachron⏩
Your "superior intellect" did not see the context. Said person has so much income from capital...

That he cannot afford a down-payment on a single property.

Keep proving your koala level intellect.
The post you responded to cited INCOME as the source of wealth

You interpreted that to mean income from labour, which makes sense

No need to be mad
post 1652560993 12-14-2021, 09:44 PM
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#98
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Originally Posted By Anachron⏩
Seven posts in a row.

Stay rustled!
Starting with your post #65 replying to…

Let’s see now…

Spoiler!
it’sfreerealestate.jpg
post 1652561463 12-14-2021, 09:54 PM
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#99
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Originally Posted By bsrkoacar2⏩
Last time we had inflation anything comparable to this was in the 80s. Interest rates were pushing 20% so people werent buying. Inflation is worse now than then. I'm hoping I'm wrong but I think interest rates will go sky high. I got 2% interest rate when I bought a couple years ago for reference.
High interest rates also creates a deflationary environment which doesn't take a big brain genius to figure out what that would do to for example housing prices.
- Keep the misc great again

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The world is YOURS boyos.
post 1652562073 12-14-2021, 10:07 PM
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#100
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Exactly.

It's about playing the game of monopoly in Real Life

Financial Freedom/Passive Income Crew
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Guns Crew
post 1652562193 12-14-2021, 10:09 PM
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#101
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Originally Posted By Realclout⏩
High interest rates also creates a deflationary environment which doesn't take a big brain genius to figure out what that would do to for example housing prices.
Dude stop. Seriously.
post 1652562903 12-14-2021, 10:32 PM
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#102
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Originally Posted By r32gojirra⏩
Dude stop. Seriously.
I can't even, You really are a DUMB kangaroocel. No wonder YOU'RE so EASILY corralled into CONCENTRATION camps by YOUR overlords.
- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858



The world is YOURS boyos.
post 1652570833 12-15-2021, 04:15 AM
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#103
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Originally Posted By Slaydom⏩
My dad worked his entire life as a wagecuck. First as a janitor when we first got to Canada. He was a janitor for 20 years until he was 60. Making 40K/yr supporting the whole family.(take home pay was 30K) Mom doesn't speak english, no work. During those 10 years, he went to school at night and worked full time, got his electrician certificate. In the last 10 years of his career, he became an electrician making on average 80K/yr(take home was around 55K).

over his entire 30 year career in Canada. he made 660K in the first 20 years. 550K in the last 10 years.

that is around 1.1 million.

He bought a house 30 years ago for 350K in Richmond Hill, Ontario. That house today is worth 2.6 million.



He made more than double the money, owning this house, than he worked his entire career.



BUY PROPERTY. that is the key to wealth as an everyday man.
Sounds like your mum was utterly useless.

Feel sorry for your dad.
post 1652571183 12-15-2021, 04:31 AM
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#104
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Originally Posted By bananastand11⏩
Sounds like your mum was utterly useless.

Feel sorry for your dad.
Well someone must have been at home raising OP into the fine upstanding…

Oh wait.

You’re right.
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