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Topic: Your thoughts on the property market? (Read 662 times)
ganabb
(OP)
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Your thoughts on the property market?
July 22, 2014, 01:33:22 AM
#1
When shoulsd I buy my home property ?
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WEB slicer
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Re: Your thoughts on the property market?
July 22, 2014, 02:19:10 AM
Last edit: July 22, 2014, 02:58:30 AM by WEB slicer
#2
i would buy rental property before i buy a home. 4 or 6 unit. live in one unit and rent out the rest. when it's paid off and generating money buy the house. lately alot of people have seen their property value go down the toilet. the rental property will pay your mortgage and continue to earn passive income for the rest of your life. it's not for everybody but it's something to think about.
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money420weed
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Re: Your thoughts on the property market?
July 22, 2014, 04:12:03 AM
#3
Quote from: ganabb on July 22, 2014, 01:33:22 AM
When shoulsd I buy my home property ?
if you are in the US then I would suggest any if the markets that was hurt hardest by the housing downturn. Miami, most of FL, and Vegas have all recovered strongly.
Brewins
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Re: Your thoughts on the property market?
July 22, 2014, 04:46:05 AM
#4
Homes are subject to state confiscation, and would not be possible put my house in my bag and move away in case of need, or if external circumstances make me need to. And houses market is subject to price bubbles, and strongly subject to depreciation. I would only buy one after I have at least 15X its price in investments that could survive and economic crisis
Malin Keshar
Hero Member
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Re: Your thoughts on the property market?
July 22, 2014, 08:00:02 AM
#5
I think Homs looked a good place to buy a house, until 2011:
Also buy house will fix you without need to one place, so you'll tend to move only in the most extreme situation, when things are really bad, like you been sent to a forced labor camp, or the economy in your area totally destroyed and taken over by armed gangs.
DjPxH
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Re: Your thoughts on the property market?
July 22, 2014, 12:21:37 PM
#6
Some people claim that certain countries are once again on the verge of a housing bubble. Interest rates are low and times are still a tad uncertain, so people try and buy a house that's overvalued...
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