Topic: House is a forced saving - page 2. (Read 1510 times)

Not only in your area but in almost every area, the real estate business is never cheap, things always increase over time and get expensive. Just looking at the density of the world's population, which is increasing every year, and the almost mandatory housing need, it makes no sense to say that the real estate business is not profitable.

Real estate business or house rental can be said to be the safest form of investment today, real estate business is not interested by many because it requires a large initial capital, so only a few people can do it. But people with money always want to buy real estate or do business with it.

What you say and what you experience is very different from what is where I am now. Because here, where I am, land prices and ready-to-live-in houses are always considered better and not cheap. Even if the house building that is already on the ground has to be repaired, the price will not drop too much because considering that building a house from scratch again is very expensive too.

Home maintenance costs are expensive, I have been home investing and every year I rented, and after almost 6 years I want to sell it turns out that the offer from the buyer is lower than I bought, the buyer reasoned that the building was not feasible and what he counted was a value Land, in addition to home maintenance costs Another thing is the cost of environmental management that is also expensive.

A house will only increase in value if you keep refurbishing it, because maintenance must be done every few years so that it can retain its value, unlike a lot that does not require any maintenance (aside from grass cutting), so its value increases over time, though the main problem with selling in this situation is that you will have difficulty finding a buyer who is willing to pay in cash as mostly now wants to pay installments . However, it is a good future savings or investment because we can still use it in an emergency and pass it on to our children. 

Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.

We often heard about a lot of highly educated youth had no jobs, underemployed, which is very bad today and getting worse day by day. What they often failed to see is it has been norms in the past, do you not know every scientist is borderline poor and bloke, Albert Einstein is not rich, Newton Isaac is bankrupt poor on south sea bubble, Wright brother is poor, we often read about how great are scientist on the textbook who create useful invention to improve life, but there is a catch, the textbook conveniently never mention the scientist personal wealth, it’s apparent textbook censor the information they do not want the kids to know all the scientist are living paycheck to paycheck and borderline poor, where they often has to wagecuck and sell their IP to the government to make a living, if they failed to create any IP they would be rejected just another bloke we often see on the street today, is homeless educated guy not often in the past?

Friedcat of the bitcoin is the modern day jobless highly educated genius, he is often regarded as “genius youth who is living a frugal life”, despite awarded with scholarship, and secure the top spot in the top business school, the guy goes on and create very useful product, create the asicminer, but very quickly the guy just simply goes broke and fall into endless debt burden, his company is broken, life broken and going missing forever after he couldn’t pay the debt he owned, oh how ironically he is just the modernise Newton Isaac in disguise, such a nice addition, so guy listen, keep following the advice of go to school and study hard get good grade, get a good paying job with benefit, you would eventually made it in life, miraculously and magically you would be living happy ending life, it’s fine guy!

Then I’m often getting bombarded with doubt “Do you have a better system than existing one? Do you?” Obviously I don’t have any and I would never come up with one, keep trying to beat the house and to realise how great/lesser a person you are.

House price is soaring, but finance advisor telling me to debt maxxing on house loan 90% loan and 0~10% dp, and it’s fine. Because bank want to increase revenue, increasing house price is what the bank did, by increasing house price, guy would take more loan to buy house, that way bank can increase revenue by increasing house price and increasing the loan to buy house, then bank can charge interest on the house loan to make profit. But what I often heard is guy tell me to debt maxing on house loan, don’t care about saving, it’s a recipe to disaster to me. So guy today hope the house price to collapse and they can shop house on the bargain, that’s one wishful thinking, the bank cartel and house developer wouldn’t allow that to happen, reduce house price would make it bad for bank to sell more house loan, and bad for developer too, the blackrock would stop that effort, however as usual some guy would loss everything due to greed, if over leveraged on house loan, would loss everything.

It could neither be a liability or would really be an asset which it would really be depending on how you do make of it. Come to mind that if we do really trying to buy a house to live into it
then it is really just standard, whether it can be considered as forced saving which is do partly agree because you are obliged on paying up on the amount which you had agreed upon
on buying up the house unless if you have done it on full cash and not on some installment or loan but still in overall you are really that saving on having a house.
Things becomes different is on the time that you have decided for this house to make out some income which you do really make it as a rental or making it a transient or whatsoever.

I think the value of the house will depend on its condition. If it's newly built and it made by a good quality materials then expect that the price of it is going to be expensive. A house is not an education. Both of them are separate terms but many things can happen inside a house and this includes education and socializing with other family members. Buying a house to live on our own is I think not we called a saving or an investment.

We can't earn an income with it unless if we are planning to sell it later on but its value can also go down because the house is already used but we can always do some renovations. we can paint it and replace the roof or other parts of the house to make it more presentable to the buyers.

There are several functions of a house, whether it is used as a place to live or for rent. Every human being needs a house as a place to take shelter and rest with his family, because providing a house is the responsibility of the head of the household to protect his family and provide a decent place to live in. Utilization of this kind of house clearly has no long-term profit prospects.

It's different if someone builds a house for rent, besides getting benefits from the tenants and the value of these assets will continue to increase in the long term, because the longer the land will be the more expensive and when people want to buy the house, it will automatically be taken together.

Home is a source of inspiration for life, always make a house as a comfortable place for anyone, most people do not pay too much attention to the atmosphere of the house so as to make children not want to be long at home, they prefer the atmosphere of other places so that it makes everything chaotic.

Houses get old, houses go into maintenance and they depreciate in value over the time. I am pretty sure this is not the case as mentioned in the OP.  

They are only valued if they are some sort of big houses like mansions with its own property (land/garden/ponds/golf ground) I hope you have imagined already what kind of property I am talking about here.

Those are the properties which gets highly paid over the time. However, most of them get valued based on the “real estate land” and its location.

But usually that isn’t the bucket for everyone out here. So look for the properties right, not every of them would appreciate in value all the time.

Home is a basic human need so that its value will continue to increase, no matter we have a house anywhere, as long as there is life, the house will be needed, the house is also an education and the beginning of life to socialize and know many things, especially if we are born at home then it will be There are values that cannot be valued with anything.

Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.

We often heard about a lot of highly educated youth had no jobs, underemployed, which is very bad today and getting worse day by day. What they often failed to see is it has been norms in the past, do you not know every scientist is borderline poor and bloke, Albert Einstein is not rich, Newton Isaac is bankrupt poor on south sea bubble, Wright brother is poor, we often read about how great are scientist on the textbook who create useful invention to improve life, but there is a catch, the textbook conveniently never mention the scientist personal wealth, it’s apparent textbook censor the information they do not want the kids to know all the scientist are living paycheck to paycheck and borderline poor, where they often has to wagecuck and sell their IP to the government to make a living, if they failed to create any IP they would be rejected just another bloke we often see on the street today, is homeless educated guy not often in the past?

Friedcat of the bitcoin is the modern day jobless highly educated genius, he is often regarded as “genius youth who is living a frugal life”, despite awarded with scholarship, and secure the top spot in the top business school, the guy goes on and create very useful product, create the asicminer, but very quickly the guy just simply goes broke and fall into endless debt burden, his company is broken, life broken and going missing forever after he couldn’t pay the debt he owned, oh how ironically he is just the modernise Newton Isaac in disguise, such a nice addition, so guy listen, keep following the advice of go to school and study hard get good grade, get a good paying job with benefit, you would eventually made it in life, miraculously and magically you would be living happy ending life, it’s fine guy!

Then I’m often getting bombarded with doubt “Do you have a better system than existing one? Do you?” Obviously I don’t have any and I would never come up with one, keep trying to beat the house and to realise how great/lesser a person you are.

House price is soaring, but finance advisor telling me to debt maxxing on house loan 90% loan and 0~10% dp, and it’s fine. Because bank want to increase revenue, increasing house price is what the bank did, by increasing house price, guy would take more loan to buy house, that way bank can increase revenue by increasing house price and increasing the loan to buy house, then bank can charge interest on the house loan to make profit. But what I often heard is guy tell me to debt maxing on house loan, don’t care about saving, it’s a recipe to disaster to me. So guy today hope the house price to collapse and they can shop house on the bargain, that’s one wishful thinking, the bank cartel and house developer wouldn’t allow that to happen, reduce house price would make it bad for bank to sell more house loan, and bad for developer too, the blackrock would stop that effort, however as usual some guy would loss everything due to greed, if over leveraged on house loan, would loss everything.

I think the value of the house will depend on its condition. If it's newly built and it made by a good quality materials then expect that the price of it is going to be expensive. A house is not an education. Both of them are separate terms but many things can happen inside a house and this includes education and socializing with other family members. Buying a house to live on our own is I think not we called a saving or an investment.

We can't earn an income with it unless if we are planning to sell it later on but its value can also go down because the house is already used but we can always do some renovations. we can paint it and replace the roof or other parts of the house to make it more presentable to the buyers.

Home is a basic human need so that its value will continue to increase, no matter we have a house anywhere, as long as there is life, the house will be needed, the house is also an education and the beginning of life to socialize and know many things, especially if we are born at home then it will be There are values that cannot be valued with anything.

Home is a basic human need so that its value will continue to increase, no matter we have a house anywhere, as long as there is life, the house will be needed, the house is also an education and the beginning of life to socialize and know many things, especially if we are born at home then it will be There are values that cannot be valued with anything.