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Topic: Im waiting Crisis to buy finally land and Property or to build myself - page 4. (Read 735 times)

legendary
Activity: 3458
Merit: 6948
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OP, you dropped a random thought here and IMO it's not worthy of its own thread, especially since I have no clue what country you're in and what war has to do with real estate prices wherever you are.  Tip:  if you're going to start threads, at least put some kind of mental effort into them and elaborate on what you're trying to say, or else all you're going to get are idiots making replies to tangential topics.

Remember, there is never a bad time to buy land / property.  Only a bad time to sell it.

That sounds like permabull thinking, which I hear more often in the precious metals markets (and crypto, too).  So respectfully I'd have to disagree, because there's no asset I can think of that's only worth buying and not selling.  If that were strictly true, then half the market for whatever asset we're talking about would consist of fools 100% of the time, i.e., sellers.  Plus I can give an excellent example of a bad time to buy land or a house--when you can't afford the mortgage.

High interest rates usually result in lower real estate prices, lower rates higher prices

Not being a real estate guy myself, I don't know if that generally holds but it doesn't seem to be at the moment.  Interest rates are higher than they have been in decades and yet real estate prices are soaring.
sr. member
Activity: 1204
Merit: 486
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

Don't wait for war or crisis, if you really want to only think about profits and don't care about lives then go to a country where there is an war, please do it your way. Is this effective? It's ridiculous and stupid when still feel like you're in a war situation, you can still think about investing, etc. In fact really have to go there without having to wait for a crisis or war in your country. In that part of the world there is still war going on so immediately bring a stack of fiat and buy every piece of land there is. Don't expect you to feel comfortable with these words. There's no point in accumulating fiat if can't save your life. Damn today I met someone with strange thoughts.
legendary
Activity: 942
Merit: 1026
Remember, there is never a bad time to buy land / property.  Only a bad time to sell it.

High interest rates usually result in lower real estate prices, lower rates higher prices - and a high rate can be refinanced when rates drop.

 
full member
Activity: 630
Merit: 165
You don't need to wait for the war to buy any asset. Yes, the properties that you can buy maybe cheaper, but at such period, do you think you have the luxury to buy such investments?
That is true, if you have the means, why wait? You can always sell those assets in the future, when you feel you already have a good deal with what you purchased.
In the time of crisis or a war every individual is affected, companies and businesses are not excluded. The businesses and economic life do not just take a halt, there is a chance of loss of property as well. There is no guarantee in the time of war that whatever you have stored or saved as asset will survive. This is a good reason not to wish for crisis or wars.  If anyone wishes to buy a land or invest in properties or do not have the money to invest and purchase at once, there are plans that some property agents can introduce to you that can help you get a property and pay in installment.
legendary
Activity: 3122
Merit: 1102
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Hope you know that war don't use to bring good thing to community, and the person you think, he or she will going to sell his or her land or property during the war maybe the person will be the one to survive during the war, I know that this kind thought can come out from lazy people because if you have money to invest in land and property business, you don't need to wait for crisis to happen before you can invest which you can start saving money that will allow you to buy land and property at anytime and wait for a long time before you can sell them to make a good profit, who told you that you can't buy cheap things in this season, when you have the money, but if you don't have money, it will make you see things in a high price which is what is happening to you.

You don't need to wait for the war to buy any asset. Yes, the properties that you can buy maybe cheaper, but at such period, do you think you have the luxury to buy such investments?
That is true, if you have the means, why wait? You can always sell those assets in the future, when you feel you already have a good deal with what you purchased.

But if you have more than enough funds to buy during recession or crisis, you can do so. High-risk opportunities can give you high-rewards later on. However, you need to carefully choose what assets to venture into.
full member
Activity: 420
Merit: 177
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

and how are you sure that you're going to survive the war? Sometimes it's better we don't wish ourselves certain things  and end up failing victim during such time. Alot of things happens after war has taken place and although one of them is that it's possible to buy things at a cheaper rate, the disaster that comes with it isn't something we should think of talking about.

If you experience war in your locality, do you have the slightest idea  the social amenities that would be destroyed? There are wars that could be fought for just one year that will take at least 10 years to come out of the post war effect on people's lives. Thinking about buying things at a cheaper rate at that time is so miopic and the truth is that you aren't sure if the banking system will still work the way it currently his now or wether or not your wealth before the war started would be preserved after the war.
sr. member
Activity: 658
Merit: 321
Let's skip the fact that this is very selfish and dark, I don't think you understand what war is. Even if a war doesn't happen, but an economic crisis you said, do you think you'll be able to afford real estate? We're not in a war and see how expensive things are, but somehow you're convinced it will get better when there's a crisis? Funny.
When there's a war/crisis, inflation is on the rise and buying a property would be the last thing on your mind because you'll only be bothered about survival. People who have money to buy things that are not necessarily during a war time are people who can afford them before that time and since you can't afford it now, you won't be able to afford it then.
This is because inflation during war world be at an ATH and the price of food will be so expensive that you'll only focus on getting food and other necessities with every little money that you make and don't forget that your money won't be worth much due to inflation.
So I'd like you to think again when you're wishing for war, but this time put everything into consideration. 
sr. member
Activity: 350
Merit: 254
[btc] or nothing more 📈💹 up we go
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

Don't even think of war because I doubt if you will be alive to buy a cheap land or Property. You talk as if war is a better thing. Go and ask people who have experienced war, like the Russian and Ukrainian, you would never dream of war talk more of buying a landed property. If I where you I would take advantage of bitcoin. Bitcoin keeps increasing in price the more investors troop into it. I wounder why people will be thinking of the impossibility while possibility is prostrating in there front. Do you know you may wait for war and war may never happen till you die or you may never survive war when it happens, the easiest way is to buy bitcoin because it is volitille and limited in supply, there is a high tendency that you will make more profit in the nearest future than expecting your so called war.
legendary
Activity: 2282
Merit: 3014
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.


I have some money on the "sidelines" for similar type purchased.  Not necessarily land, but just things that I'd like to buy right now but feel they are overpriced and with interest rates being so high, it's hard for me to justify purchasing them right now. 

I have simply been saving money for stock market crashes.  It's hard to know when to hang on the sidelines and when to buy things.  This can really take a lot of time, and things might continue to get worse for you as time goes on, and you may never get that opportunity you expected to get.  It's a tough gamble at times.
member
Activity: 56
Merit: 2
Jesus is coming very soon.
 Hope you know that war don't use to bring good thing to community, and the person you think, he or she will going to sell his or her land or property during the war maybe the person will be the one to survive during the war, I know that this kind thought can come out from lazy people because if you have money to invest in land and property business, you don't need to wait for crisis to happen before you can invest which you can start saving money that will allow you to buy land and property at anytime and wait for a long time before you can sell them to make a good profit, who told you that you can't buy cheap things in this season, when you have the money, but if you don't have money, it will make you see things in a high price which is what is happening to you.
sr. member
Activity: 672
Merit: 269
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

OP you should change your line of thinking, war benefits no one because of the carnage and wanton destruction that comes with it, you yourself don't have any guarantee that you will survive the war so as to enable you buy those cheap things you're proposing. Is better to call for a state of emergency on your countries economy to help improve the healthiness of your country's economy so citizens could be able to have good purchasing power and prices of goods can be steady, because calling for crisis to bring forth an opportunity to help you buy properties on a cheaper rate looks parochial to me and shouldn't be encouraged.
hero member
Activity: 3038
Merit: 617
Sorry to say this, how you can be so sure you will survive after the war ended? Huh

But, let's imagine if WW3 happen, you own the real estate (land and buildings) ownership, you carry and protect it at all cost, but after WW3 ends, other country taking over your country. I don't think your ownership is still valid because anything will belong to the new country and you can't do anything since they have more power than you.

LOL If his prayer is answered that's what will happen. invasion of his country is the worse. I sure wouldn't want that to happen in my own country but seems like each country today has an enemy coming once WW3 come.

We are going WW3 as we know it. If he ain't spending his money now, he will lose them all. If he can afford it now, buy the land and build a bunker.

hero member
Activity: 686
Merit: 987
Give all before death
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

I see your thought as a selfish one. How are you sure you will survive conflict or war? You cannot predict the outcome of the war. It might lead to the loss of lives which might include you, family members, or friends. Many people in war zones don't care about money or property because life and safety are more important. Wishing that there should be a crisis before you buy a property is not ideal. It means if there is no war in your lifetime, you will not invest.

It will be better to plan to invest with what you have now. And if you ever have the opportunity to buy cheap properties, you can buy them if you have the funds.
hero member
Activity: 1106
Merit: 786
Sorry to say this, how you can be so sure you will survive after the war ended? Huh

But, let's imagine if WW3 happen, you own the real estate (land and buildings) ownership, you carry and protect it at all cost, but after WW3 ends, other country taking over your country. I don't think your ownership is still valid because anything will belong to the new country and you can't do anything since they have more power than you.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.
In other words you are waiting for another war to hit?

You understand that if war does happen, cost of everything will go up, including property? Because old properties might get destroyed, new property costs may rise and so will the cost of living and building something.

I dont know if you have seen a post-war country in real life, but those who have do not give a merry experience. Poverty, miserable life and destruction are the terms they usually apply.

You might have your arguments, but this is my opinion.
full member
Activity: 154
Merit: 33
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

Oh what a crazy reminder of back in the days during when we experienced complitical conflict in my place, it was a disasterous that due to political interests, citizens fought and killing each other all being manipulated by politics and then there was massive interests of real estate and landed property owners to sell their assets and properties so that they can change residential location all to safe their lives.
It really felt bad to see properties worth of $10,000 is been sold on destress at $4-6 thousand dollars.
This is why bitcoin investment has been a hedge to store values against natural disasters and economy inflations.
If I must tell you OP, remember that it landed property owners and real estates investors can sell their assets and properties in such critical terms, at you own time, you'd also have to sell on distress or you lost it all when there's a revolution of crisis. Just be aware.
jr. member
Activity: 55
Merit: 2
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.
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