War and property mortgage you still need to pay If war destroy your Property

[Juse14]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

I think for now I don't need to bother doing that and sell all the assets and property that I own and put them into stablecoins or BTC, I think that this is something that is too excessive. However, currently several countries, especially Europe and the Middle East, are experiencing quite tense conflicts that pose extraordinary threats to the world of trade and the economy.

However, you need to know that I live in Southeast Asia, which is considered to be the safest region from war conflict, so the economic and trade conditions are different from countries currently experiencing conflict. and even the prices of assets and property where I live almost every year experience price increases, especially immovable assets, such as houses and land

[jrrsparkles]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

You are comparing two opposite things. Crypto is something you own but the mortgage or generally debt is something you owe.

Not really though, in most of cases the asset is under mortgage and will be insured by the lender so they can claim for the loss if needed and it really depends on what you are agreed when signing the contract. In some parts of the world, natural calamities/war or anything that destroyed the property that is still under mortgage has to be paid by the borrower no matter what.

[topbitcoin]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

Maybe this is quite good advice for some people who live in countries experiencing conflict because currently cryptocurrency is considered a fairly safe currency and can avoid the threat of war and is also known to have quite high potential. So this is considered an effective and solution to securing your assets.

However, not for me, because I live in a country that is quite safe and not currently experiencing conflict, so it would not be wise if I had to invest all my wealth in crypto or other similar currencies. Because I still have the opportunity and opportunity to build and develop a more profitable business. So for now I only set aside part of my money to be able to invest in crypto, while for the other part I choose to invest in other fields or create personal economic independence by building a new business.

Once again, what you said is a pretty good solution, but due to different conditions, this cannot be accepted and implemented by everyone.

[Woodie]

Getting a mortgage in a country that is more likely to get into conflicts means interest rates are high as the bank or whoever is financing has to take the risk involved and depending on what terms and conditions one signs up for, I want to believe that these loans can follow you if system doesn't break.

But should the war tear through peoples livelihoods... I think these might be written off as bad debts unless they can find the people they gave the money... otherwise high rates should compensate for the uncertainties that are to come.

Not really though, in most of cases the asset is under mortgage and will be insured by the lender so they can claim for the loss if needed and it really depends on what you are agreed when signing the contract.

Forgot about insurance, but it means the lender pays high premiums for them to claim on such, but what's the possibility  that they would not pay for damage caused by war like they don't for the so called "act of God "

[Ben Barubal]

  I think that if it is mortgaged to the government and you have to pay it no matter what happens to your land or property, if there is a war and it affects your property, causing it to be damaged, you have no choice but to pay it anyway.

  Or, depending on what was written in the terms of the agreement at the time you mortgaged it, Maybe if your property is insured, you can recover the cost of the damage caused by the war to your property from your pledge if it is included in your terms of agreement. But usually, it is not covered by insurance, especially if it is damaged in war.

But there are other things like this situation you may see anyway here's the link below
https://ti-ukraine.org/en/news/money-or-housing-certificate-compensation-for-property-destroyed-by-war/

[bluebit25]

Fortunately, today we have many ways to protect our assets, and bitcoin is an option that I always believe is great. I have had some experiences and been in contact with a number of people in places where there had previously been complicated conflicts (in Vietnam), a former soldier once shared with me that at a time when the conflict just ended and when the US withdrew its troops from Vietnam, there was a lot of chaos about the asset transfer process. He shared with me that at that time their people were very poor, only a few were able to accumulate wealth but could not carry it with them because of the chaos at that time, and the way they protected it was to bury it all. All that wealth goes into the ground, and it will come back for it when things settle down again.

Returning to the story of the conflicts going on now, because we may live in a more stable place, we cannot understand the feelings of the people there, but I know that keeping our lives alive can be difficult. Obtaining support for food, fuel, medical equipment, etc. is always a top priority. Assets such as money, houses, gold, cars,... are almost worthless because they cannot solve the problem they are facing.

[davis196]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

I don't know where you live, but in most normal countries properties under mortgage are insured against such risks.
I don't know about any banks, that will give mortgage loan to anyone, when the house/apartment doesn't have insurance.
The property insurance must include risks like floods, earthquakes, fire, etc. I don't know about the insurance companies including wars in the insurance policy, but there must be such coverage for sure.
I'm no expert in laws, but i think that a war can be considered a "force majeure" event, which can be used to break contracts, including mortgage loans.

[DrBeer]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

Indeed, the legislative framework says that: responsibility for real estate under a mortgage agreement remains with the owner of the property. Including in the case of destruction of housing during hostilities, which on the one hand is force majeure, but does not relieve the borrower of financial responsibility. Yes, in this situation the creditor (during martial law) does not have the right to charge penalties and fines. At least this is how it works in my country, which was subjected to a wild terrorist attack from Russia, as a result of which hundreds of thousands of apartments and houses of Ukrainian residents were destroyed.
But ! We have 2 options to solve the problem:
1. Real estate insurance, which allows you to receive compensation in case of destruction of housing
2. Ukraine has launched a state compensation program for destroyed and damaged housing, which will be a good help for people who have lost their property as a victim of Russian terrorism.

UPD. There is one more subtle nuance - if the real estate was seized by the occupiers, and a “transaction” was made to sell the real estate within the framework of the legislation of the country of the terrorist (Russia), then this transaction, after the liberation of the occupied territories, will be canceled, without any compensation to the “buyers-occupiers” ". This applies to the territory of temporarily occupied Crimea, and the territory of sewers such as the LPR/DPR. Those. people will take possession of the real estate that belonged to them before the occupation

[dothebeats]

This is why diversification is the key on your investments and properties. I personally wouldn't invest on properties that are located near conflicted territories because the value of the properties will obviously depreciate, plus there is a huge possibility that the property will be destroyed or damaged when conflict arises. Better invest on properties that are far from these hotspots, and don't build something on it, just buy it as a parcel of land and wait for its value to appreciate.

[Dr.Bitcoin_Strange]

Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.

War is bad, and if the economy is bad, it can contribute to the price decline of Bitcoin and some other cryptocurrency that you might have your money on. For those who like to invest in altcoins, if such a project fails during war, that means your asset is gone. Also, what if, in the process of running because of the turmoil caused by the war, you could not reach the location where you kept your wallet private key? Then it can be said that war has destroyed your asset because you will never gain access to your wallet unless you have your private keys. War can destroy many things. coincidental, it could be your private key or hard-ware wallet that gets diatroyed.

[tygeade]

Fortunately, today we have many ways to protect our assets, and bitcoin is an option that I always believe is great. I have had some experiences and been in contact with a number of people in places where there had previously been complicated conflicts (in Vietnam), a former soldier once shared with me that at a time when the conflict just ended and when the US withdrew its troops from Vietnam, there was a lot of chaos about the asset transfer process. He shared with me that at that time their people were very poor, only a few were able to accumulate wealth but could not carry it with them because of the chaos at that time, and the way they protected it was to bury it all. All that wealth goes into the ground, and it will come back for it when things settle down again.

Returning to the story of the conflicts going on now, because we may live in a more stable place, we cannot understand the feelings of the people there, but I know that keeping our lives alive can be difficult. Obtaining support for food, fuel, medical equipment, etc. is always a top priority. Assets such as money, houses, gold, cars,... are almost worthless because they cannot solve the problem they are facing.

That's exactly why I invest into bitcoin, it's always going to be the best one and I do not think that people could ever realize how big and great it could be, and should be realizing that they are not going to end up with a greater result at all. I get that it may not be all that simple to see, but we need to realize that life is not all that simple.

We should be considering the situation a little different in the end, and we need to realize bitcoin is above all other assets that you can invest, because it gives you a freedom to be off the grid and not ruined by governments. Anything else could be ruined by nations and governments, whereas bitcoin can't be and won't be because it's decentralized and can't be changed all that much. We need to make sure that we know the power of it, and invest long term because of that, I do, I think I am making a great decision by putting all my investment into bitcoin and could consider it doing a lot better.

[bluebit25]

Fortunately, today we have many ways to protect our assets, and bitcoin is an option that I always believe is great. I have had some experiences and been in contact with a number of people in places where there had previously been complicated conflicts (in Vietnam), a former soldier once shared with me that at a time when the conflict just ended and when the US withdrew its troops from Vietnam, there was a lot of chaos about the asset transfer process. He shared with me that at that time their people were very poor, only a few were able to accumulate wealth but could not carry it with them because of the chaos at that time, and the way they protected it was to bury it all. All that wealth goes into the ground, and it will come back for it when things settle down again.

Returning to the story of the conflicts going on now, because we may live in a more stable place, we cannot understand the feelings of the people there, but I know that keeping our lives alive can be difficult. Obtaining support for food, fuel, medical equipment, etc. is always a top priority. Assets such as money, houses, gold, cars,... are almost worthless because they cannot solve the problem they are facing.

That's exactly why I invest into bitcoin, it's always going to be the best one and I do not think that people could ever realize how big and great it could be, and should be realizing that they are not going to end up with a greater result at all. I get that it may not be all that simple to see, but we need to realize that life is not all that simple.

We should be considering the situation a little different in the end, and we need to realize bitcoin is above all other assets that you can invest, because it gives you a freedom to be off the grid and not ruined by governments. Anything else could be ruined by nations and governments, whereas bitcoin can't be and won't be because it's decentralized and can't be changed all that much. We need to make sure that we know the power of it, and invest long term because of that, I do, I think I am making a great decision by putting all my investment into bitcoin and could consider it doing a lot better.

I also make my own choices, and although I don't completely devote all my assets to bitcoin (crypto), I understand some of the potential and problems it can solve. It can be seen that the current context is very different, controls on the economic system by the government can force an investment to death, or manipulation of opinion distorts the truth. Even with the issue of bitcoin, there are still powerful people who want to inhibit its development, but we are the people who understand the freedom and equality that bitcoin brings. I'm not sure if I'm making a mistake or not, but in the past, I really misunderstood some countries about their toughness on a global scale, only when I encountered and experienced it firsthand. Experiencing those things, I can see the fake faces of those who hold power for profit (or rather, hatred).

[franky1]

im currently reading into the blackrock/JP morgan deal being done to INVEST in reconstructing ukraine.. seems its the americans wanting a land grab, not the russians

[DrBeer]

im currently reading into the blackrock/JP morgan deal being done to INVEST in reconstructing ukraine.. seems its the americans wanting a land grab, not the russians

Do you really not understand the difference between capture/occupation and investment?

Russia has already occupied part of Ukraine, and at the same time brought “Russian investments” - permission from hundreds of cities and villages, the death of hundreds of thousands of people, the mutilated fate of millions of people...
The West, when investing, is certainly not altruistic. They plan to restore cities, villages, regions, plants, factories and much more destroyed by the Russians. This is normal mutually beneficial cooperation. Try to understand the essence of these concepts, life will be more interesting

PS It’s good that the Ukrainian Armed Forces are liberating the territory of Ukraine from the Russian brown plague called “RASHIZM”

[poodle63]

then be sure to get your property covered by insurance its simple, war is a disaster, you can't avoid it if you're in region of war meanwhile you also need property to live, its basic needs. there's nothing you can do in this case other than ensuring that you got what it takes to keep your wealth from plummeting from this disaster.

investing in cryptocurrency might be one way to do that but as always, have your basic needs fulfilled first then talk about investing because many times people outright fail in their investment due to having limited time to invest because they can't have their basic needs fulfilled therefore forcing to cut lose the investment therefore if you can't fulfill your basic needs first never think about investing.
thats just my opinion though you can definitely work around that if you have creative minds, but investing definitely require strong foundation.

[Bialke]

There is a rule. It is called "foot voting".

[franky1]

im currently reading into the blackrock/JP morgan deal being done to INVEST in reconstructing ukraine.. seems its the americans wanting a land grab, not the russians

Do you really not understand the difference between capture/occupation and investment?

do you not understand international politics at all
a decade ago UN/EU said no to ukraine joining the EU/nato purely because of the eastern region. saying if ukraine parcelled off the land as a independent state then central/western ukraine can be fast tracked into EU/nato.

do you not understand that compensating or doing charity to all the displaced people keeps them from coming back to claim the land. and instead whomever takes the land can sell it off to new people for profit. its been done in africa, middle east and many places.. most wars are just a land grab/displacement to change ownership, not a cultural intolerance of neighbouring states

take the Gaza area.. media promote thats its a religious war. in realily its a land ownership dispute

[DrBeer]

im currently reading into the blackrock/JP morgan deal being done to INVEST in reconstructing ukraine.. seems its the americans wanting a land grab, not the russians

Do you really not understand the difference between capture/occupation and investment?

do you not understand international politics at all
a decade ago UN/EU said no to ukraine joining the EU/nato purely because of the eastern region. saying if ukraine parcelled off the land as a independent state then central/western ukraine can be fast tracked into EU/nato.

do you not understand that compensating or doing charity to all the displaced people keeps them from coming back to claim the land. and instead whomever takes the land can sell it off to new people for profit. its been done in africa, middle east and many places.. most wars are just a land grab/displacement to change ownership, not a cultural intolerance of neighbouring states

take the Gaza area.. media promote thats its a religious war. in realily its a land ownership dispute

Maybe that's the way it was back then. However, there are nuances:
1. In 2013, Ukraine's president was pro-Russian Yanukovych, who was not going to join the EU or NATO.
Moreover, in early 2014 he fled Ukraine after the people of Ukraine expressed distrust in him due to his sharp turn from the vector of improving cooperation with the developed progressive world to the vector of degradation of Ukriana at the expense of "strengthening ties with Russia".
I would love to hear your version ! This incidentally became one of the reasons for Russia's attack on Ukraine in 2014 - because what happened in Ukraine was not acceptable, for the Kremlin authorities, an example of how the people of the country show their will and exercise their legal right against usurpation of power and totalitarian actions.
2. In the EU at that time a noticeable part of politicians, and first of all in Germany, as the leader of the EU, sat bribed Kremlin bedfellows, such as Merkel, who did everything only to leave the monopoly influence of Russia in the EU, and save Russia from deserved punishment. And held back any sanctions against the terrorist country and aid to Ukraine until 2021. That's a fact, I agree.

And what does Gaza have to do with it if the conversation was about Ukraine ?
The situation there is really the opposite - Israel is a victim of a terrorist attack, so don't manipulate !

[thiagothx1370]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

I think that the only way of protecting your property is buying and hodling bitcoin. The only property that in fact you can own and take it to any part of the planet is bitcoin. The world is suffering a coletivism epidemy, which is a really path to the war. Even a pacific country is not safe for suffering the damages.

[Die_empty]

There is no rule that war Will make free of mortgage payments.
Now it's better to own only cryptocurrency becouse crypto is untouchble by war and you can take it with you If you move in world.
Now it's not good own nothing i sell everything now and put in stablecoins and btc.
Now it's better to give your Property back to bank instead of owning i have mortgage i told my bank take it i Dont need i'll just rent apartment and hold most of my wealth in crypto.
Imagine war will destroy your Property and you still have mortgage better IS to give mortgage property to bank let them have it.

Nobody dont protect your wealth If not protect yourself safety first.

Although I would like to own a house because of the cost of accommodation in my location. Property tax in my location is low and maintenance is also cheap. But I would prefer to keep my money in Bitcoin to avoid the dramas of banks and the government. But diversifying your income is important and real estate is a good business. I would prefer to keep my investment in Bitcoin and other sectors but in a period of war, bitcoin will be the perfect choice. It will be easier to flee with, exchange or sell. With just a piece of paper, you can hold millions and with just a click you can sell some.

It depends on where you live.

If you live in or near of a conflict country, you shouldn't own a property because the risk of losing it is high. Since the risk of owning property is high in a conflict country, but the interesting fact is the property price in Palestine [1] and Israel [2] are high, how it's possible?

They might able to protect their wealth through Bitcoin, but you're forget if them aka civilians can't leave the country and they need to join the war.

[1] https://www.numbeo.com/property-investment/country_result.jsp?country=Palestine
[2] https://www.numbeo.com/property-investment/country_result.jsp?country=Israel

Nobody expected that Russia would invade Ukraine and Libyans never thought that their beautiful country would become unstable because of war. Conflict or war is unpredictable so we cannot be sure of our property investment. There are tribal and religious wars going on in my country and it has destroyed many properties and people are selling off their properties at very low prices. Another problem with landed properties is the increase in the occurrence of natural disasters. Landed properties are not low-risk investments like they used to be.