best of /biz/ 4chan thread

in #life6 years ago

I see a lot of people on here pretend there's going to be another housing crash. No, there isn't.

The future is more and more mass immigration. What is the one thing people need? A place to live. What is finite? Land. What gets built slower than demand? Housing.

Due to mass immigraiton, housing prices will INCREASE. Just look at California, it is the land of the new "Landed Gentry." There are people there who are making 6 and even 7 figures just renting our their grandmas old houses she bought in the 50s.

Relatively soon, this californian-esque real estate market will spread throughout the rest of the states and western world. It's no longer going to be a city problem, it's going to be everywhere.

In a nutshell, stop saying the housing market is going to crash, because smart money is buying up land in the midwest and non-coastal states as we speak to rent out to the future goblin population. I am not going to cast too many pearls before swine, but anybody with an IQ greater than 110 should be able to figure out where the next boom markets are going to be.

http://boards.4chan.org/biz/thread/11222666