Author

Topic: Your thoughts on the property market? (Read 678 times)

full member
Activity: 210
Merit: 100
July 22, 2014, 07:21:37 AM
#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...
hero member
Activity: 616
Merit: 500
July 22, 2014, 03:00:02 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.
legendary
Activity: 1120
Merit: 1000
July 21, 2014, 11:46:05 PM
#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
member
Activity: 78
Merit: 10
July 21, 2014, 11:12:03 PM
#3
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.
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
July 21, 2014, 09:19:10 PM
#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.
sr. member
Activity: 434
Merit: 250
July 21, 2014, 08:33:22 PM
#1
When shoulsd I buy my home property ?
Jump to: