Project 1999

Go Back   Project 1999 > General Community > Off Topic

Reply
 
Thread Tools Display Modes
  #41  
Old 04-12-2022, 06:21 AM
Jimjam Jimjam is online now
Planar Protector


Join Date: Jul 2013
Posts: 11,420
Default

Property is nice cos it lasts hundreds of years, and even if there is a crash you’ve still got a building/land. I’m basic.
__________________

Gorgen (Blue) - Agnostic Troll Warrior of the XXXI Dung

Reply With Quote
  #42  
Old 04-12-2022, 10:21 AM
Joshua21 Joshua21 is offline
Banned


Join Date: Sep 2021
Posts: 12
Default

Quote:
Originally Posted by Jimjam [You must be logged in to view images. Log in or Register.]
Property is nice cos it lasts hundreds of years, and even if there is a crash you’ve still got a building/land. I’m basic.
You are right, but you need a lot of capital to invest in real estate)
Reply With Quote
  #43  
Old 04-12-2022, 12:20 PM
Castle2.0 Castle2.0 is offline
Planar Protector

Castle2.0's Avatar

Join Date: Aug 2014
Posts: 2,434
Default

If you are HODling a couple hundred bucks of gold... then whatever.

If you want to HODL a significant amount of money, gold is terrible.

Also, property is myeh in the long run. You pay 0.18% to 1.89% per year on the value of the property in taxes. It also makes no money unless you deal directly with tenants or property management company. There is also wear and tear and legal liability.

With all the pro-tenant crap that's been coming, no thanks.
Reply With Quote
  #44  
Old 04-12-2022, 12:22 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

yes winning the lottery is the fastest way to make money.
Reply With Quote
  #45  
Old 04-12-2022, 02:09 PM
Jimjam Jimjam is online now
Planar Protector


Join Date: Jul 2013
Posts: 11,420
Default

Quote:
Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]
If you are HODling a couple hundred bucks of gold... then whatever.

If you want to HODL a significant amount of money, gold is terrible.

Also, property is myeh in the long run. You pay 0.18% to 1.89% per year on the value of the property in taxes. It also makes no money unless you deal directly with tenants or property management company. There is also wear and tear and legal liability.

With all the pro-tenant crap that's been coming, no thanks.
Does property not have much inflation in your area?

It's like 10% here, which far outstrips local taxes (which are paid by the tenant if the property is occupied anyway, and reduced to about a grand if it is an unfurnished unoccupied residential property). Just by owning a property worth £250 grand for a year you get £25 grand richer. Buildings insurance is cheap to, just hundreds of pounds.

Rent out fancy properties in desirable areas you young family immigrant city worker and they pride in the place, keeping costs low. If one of the kids trashes a carpet they'll pay for it happily.
__________________

Gorgen (Blue) - Agnostic Troll Warrior of the XXXI Dung

Reply With Quote
  #46  
Old 04-12-2022, 04:48 PM
Gravydoo II Gravydoo II is offline
Banned


Join Date: Mar 2019
Posts: 2,375
Default

The entire crypto market is down like 30% in recent weeks, right?

Lets go brandon coin, hows that doing these days? What county makes a coin worth $0.0000001043??? Lets go brandon, right guys? lol
Reply With Quote
  #47  
Old 04-12-2022, 05:17 PM
bubur bubur is offline
Planar Protector

bubur's Avatar

Join Date: Dec 2012
Posts: 1,474
Default

yea
Reply With Quote
  #48  
Old 04-12-2022, 07:03 PM
zati zati is offline
Sarnak


Join Date: Jul 2015
Posts: 234
Default

Bought the dip, Never sell yo coins, stack yo sats.
__________________
Taggley <Reaper of the Dead>
Reply With Quote
  #49  
Old 04-12-2022, 08:26 PM
bubur bubur is offline
Planar Protector

bubur's Avatar

Join Date: Dec 2012
Posts: 1,474
Default

[You must be logged in to view images. Log in or Register.]

well bros? i only have 1 data point to work with and theory holds up
Reply With Quote
  #50  
Old 04-12-2022, 11:49 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

lol
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 05:23 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.