4 ms·
Don't want to rub salt of people's wounds here, but remember when you guys screamed on the top of your voices that real estate was a bad instrument. This is bas
by kamaal 11y ago
Don't want to rub salt of people's wounds here, but remember when you guys screamed on the top of your voices that real estate was a bad instrument. This is basically what happens when you follow that line of thinking, when your demands start popping up later in life you realize you could have easily made those investments a few years back, but you didn't. And may be even watch people who made far lesser than you in salary having better house than you.
May be if these under-35's had saved some money instead of blowing it all on "enjoying their lives", "travelling the world" and on those new iPhone models every year they would have a decent sum for a downpayment somewhere in the out skirts.
Also note that most landlords themselves probably went through hell to build themselves this portfolio for their rainy days.
If you think you can't buy yourself a home, you need to drastically rethink your priorities. Because like it or not, anytime is the best time for these things. Its about timing, location and money. Earlier you buy, the better place and lesser price you get to buy. For the perspective of the next decade now is the right time.
You an tax the rich as much as you won't, no matter anywhere in the world. Most of these people will never come to own a home. The true reason why these people can't afford a home is not because its expensive, but because they refuse to commit themselves to any kind of a long struggle, that doesn't interfere with the privileges they think they are entitled too.