Why Renting Will Become the New American Normal (And How Investors Can Profit)
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Top Comments (10)
Built a home and retired in Panama...never regretted..
Here is some real reality. No one outright own their own home. Want proof? Don't pay your property taxes see what happens. They don't care about homelessness. They care about money ONLY!
Damn this is me. We finally gave up the house search and gave in to renting. We move in this week. 😑
Renting is the new normal. Agree.
Self-storage (my take): Renters are spending more for storage than the value of the items being stored -- this has been my experience with said renters.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/dd566b There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!"
Now factor food prices.
I honestly think we are already investors for the fact that the products that we constantly purchase is a form of investing into a company especially one that offers very good products and services. I think we need to not focus on being investors but become better at financial literacy and focusing more on how to create value and wealth as a community rather then the pushed do it solo climb that mountain solo which tends to end up with us being alone at the top. WE gotta change this unhealthy chase for money and profits and start fighting for a future were we aren't heavily reliant on currency and debt. Becoming wiser and savvy in this world of finance.
To add to things (since I used to be a landlord), when I took over a certain property, a 1 bedroom rent was $500 and twenty years later the rent could have been $2000 (I only raised rent after a very long time or I got a new tenant so my rents were actually less than $2000 but that's what others were charging). Tenant costs also went up because landlords whet from paying for water to metering it and installed individual water heaters instead of a central one. Property went up 4x in value over this time too.
Greed builds personal wealth while destroying a country.
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Top Comments (10)
Built a home and retired in Panama...never regretted..
Here is some real reality. No one outright own their own home. Want proof? Don't pay your property taxes see what happens. They don't care about homelessness. They care about money ONLY!
Damn this is me. We finally gave up the house search and gave in to renting. We move in this week. 😑
Renting is the new normal. Agree.
Self-storage (my take): Renters are spending more for storage than the value of the items being stored -- this has been my experience with said renters.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/dd566b There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!"
Now factor food prices.
I honestly think we are already investors for the fact that the products that we constantly purchase is a form of investing into a company especially one that offers very good products and services. I think we need to not focus on being investors but become better at financial literacy and focusing more on how to create value and wealth as a community rather then the pushed do it solo climb that mountain solo which tends to end up with us being alone at the top. WE gotta change this unhealthy chase for money and profits and start fighting for a future were we aren't heavily reliant on currency and debt. Becoming wiser and savvy in this world of finance.
To add to things (since I used to be a landlord), when I took over a certain property, a 1 bedroom rent was $500 and twenty years later the rent could have been $2000 (I only raised rent after a very long time or I got a new tenant so my rents were actually less than $2000 but that's what others were charging). Tenant costs also went up because landlords whet from paying for water to metering it and installed individual water heaters instead of a central one. Property went up 4x in value over this time too.
Greed builds personal wealth while destroying a country.