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posted 3 years ago by GynaNumbaZero 3 years ago by GynaNumbaZero +11 / -3
17 comments share
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Comments (17)
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▲ 4 ▼
– InfidelCastro11 4 points 3 years ago +4 / -0

It's not about investing in real estate. Money isn't the goal, starving people is the goal

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▲ 4 ▼
– KiloRomeo 4 points 3 years ago +4 / -0

They're investing in brand new, no maintenance properties that are desirable but not out of reach (ue. The cream). There will likely survive the reset and be quite desirable at a time when they are passing out stimulus to party supporters using a new currency.

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▲ -1 ▼
– deleted -1 points 3 years ago +1 / -2
▲ 3 ▼
– KiloRomeo 3 points 3 years ago +3 / -0

Also, as you know, time horizons create a triangle trade where it's no longer zero sum

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▲ 1 ▼
– Jalapeno_gringo 1 point 3 years ago +1 / -0

Rentals, you get to depreciate the property on your taxes as well

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▲ 3 ▼
– deleted 3 points 3 years ago +3 / -0
▲ 2 ▼
– ScreaminMime 2 points 3 years ago +2 / -0

I dunno but I have a house for sale and Blackstone hasn't made an offer yet.

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▲ 1 ▼
– Ep0ch 1 point 3 years ago +1 / -0

At what point?

It hasn't yet. Not in the West. In fact property has become inflationary. All they're doing is squeezing more regs into it, and it acts as a stimulus. Where it causes mortgages to rise, because in order to adopt the new energy regs it causes prices to increase.

For the bubble to pop it means larger defaults. At this point they're bleeding it dry. Cost of living. But it ain't burst. Price keeps rising.

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▲ 0 ▼
– RentFreeCrisisAct 0 points 3 years ago +1 / -1

There's a hobble with a wobble at the gang rape

Cover it with gas and set it on fire!

 - ween

Just seems to fit to me for some reason..

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▲ 2 ▼
– Ep0ch 2 points 3 years ago +2 / -0

Who knows where this goes, it's no where good. It's getting grimmer the more we rush into this year. The brakes are off.

Look at China right now.

What happens next? Big run off escalating.

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▲ 3 ▼
– RentFreeCrisisAct 3 points 3 years ago +4 / -1

Shits escalating quickly from where I'm sitting. Personally, that is. I can't even keep up with it all. Seriously.

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▲ 2 ▼
– Ep0ch 2 points 3 years ago +2 / -0

Yep, and a hell of a lot more of it coming. I am curious what happens next. There's no magic wand for it. It's been juxtapositioned by design. Nobody can be this dumb. Walked, blind into it. So it causes? Never the unicorns. Free EVs and the clean air. No, it all stinks. Stinks even worse. But for the cleaner energy. We just need to corrupt our governments, and give you all the COVID, making everything cost so much more, try triple, one for me, one for the cleaner energy, and another because it pays, and don't worry if conflict rears its head either. All part of the renewable program, just look at that future that could be built. What? How about fuck you. You stole it.

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▲ 1 ▼
– Snailracer 1 point 3 years ago +1 / -0

No one really knows why they are doing it, but they are doing it. It's possible they will sell when the housing market reaches the low point, driving the market even lower. Or maybe they'll hold to keep the market artificially high. They have almost unlimited money to spend, so it's not a matter of profit taking.

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▲ 0 ▼
– deleted 0 points 3 years ago +2 / -2
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– VanillaBean 3 points 3 years ago +3 / -0

Maybe they're deliberately trying to destroy what's left of the middle class for reasons that have nothing to do with participation in the economy as we know it today. I mean why do they need to worry about increasing their share of soon to be worthless u.s. dollars. It's not about the money.

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▲ 1 ▼
– RentFreeCrisisAct 1 point 3 years ago +2 / -1

They are about.to destroy me..

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▲ 0 ▼
– IGOexiled 0 points 3 years ago +2 / -2

Blackstone being the rug they intend to pull out from under you.

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