Lordie let the housing crash come

if everybody could ONLY have houses to live there would be derelict houses everywhere, it is only for profit risk taking individuals that would renovate them, and alot of landlords actually lose money and the investment isn't even that great.

You really have to run a tight ship to make a profit, most properties in the uk wont rent out for much more than the mortgage payment

based lord

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Good

fuck em. fuck landlords fuck airbnb hosts.

>Airbnb hosts thinking they're not scum of the earth

lmao

over 90% of Airbnb's operate illegally.

not paying local taxes, not paying for rental insurance, not mortgaged as a rental property, not licensed, not paying state and fed taxes

now they expect us to pay them for a business they profited off of and denied?
Fuck them.
They're lucky they haven't been shut down and their property auctioned yet. That's what's going to happen. It's what the fed does to tax evaders.

I can't believe I thought about being a landlord a few years ago, then it dawned on me, I don't want to be an overleveraged boomer POS

Every real estate cycle people learn what it means to be overleveraged. Its just hilarious all these real estate sites promote maxing leverage. Makes me want to biggerpockets and drink the tears.

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Free money? it is rent, if you wanted to rent a JCB digger for the day, would you say the person who owns the JCB that he is scum also?

A rental agreement basically means you are buying the right to live in their property, how tf is that free when landlords have mortgages energy bills etc, that little bit left over of profit is what they earn being the long term owner. As a renter you can decide actually you don't like the house and move out next year, the landlord is tied, you don't have to tie your money in the house. You might have 100k in the bank but you may have better uses for it like running a business etc.

Why are renos so ugly most of the time? Beige walls instead of white plastic vinyl fake wood floors, plastic countertops, super low sink heights, etc. Do they really expect people to live like this or is it some kind of dysergonomic philosophy? I want a crash so I can buy cheap, gut the place, and renovate with human centric building for people who aren't midgets with no taste.

Bro you got baited. These landlord threads are made and frequented by two people.
>Poorfags
>Entitled commie cunts
Neither one of them will ever own real estate. Who cares about a random post on 4chins?

>it is rent
>Has an Airbnb

If you were a real rental landlord maybe people would give you some leeway, but you're literally the worst kind of landlord there is. Holding up potential places for people to live, assisting in driving up rent prices so you can do four day rentals for vacationers

In summary, property is one of the most surefire low risk ways to get rich, you can get rich faster through other ways, however my mindset is that I am not going to get old and be middle class or poor, I will definitely be rich by the time I'm 50. Then once that is set in place I can start to look at businesses and try and to it faster. You just need something concrete, nothing is scarier than the possibility of getting old and realising you had all these years to slowly build and compound your wealth but you just kept wittling it away on shiny objects.

>if everybody could ONLY have houses to live there would be derelict houses everywhere
yes

he based

>the economy is so bad I had to move in to the house I bought

Because its designed to make the place look nice but still being cheap to overhaul and not worry about how long any of it holds up because they want to sell immediately

well the genreal idea is to make a nice blank canvas eg, I might love superman wallpaper or purple paint, but it's not likely to be liked by the masses who are viewing it.

in general if you are doing it up to live in or sell on, you go all out granite countertops as it adds value. If you are doing it up to rent, most renters wont appreciate it or pay you much extra than if it was imitation or wooden countertop, also If they fuck it up you wont be getting it back. Renters don't like paying deposits and so you really don't want to be putting stuff in there that can be broken. Generally you make it a nice clean canvas ( I personally use white and some tastefull bits of gray, navy and yellow, I hate that magnolia colour, only boomers still think that color is nice) and you let the tenants make it their own with decorations etc

kekerino

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Not really, I allow families a nice place to visit and have cooking etc instead of a hotel. the alternative to my 8 bed airbnb is to book 4 double bed hotel rooms. Bnb and holiday homes have been a thing since the beginning of time you idiot

>Bnb and holiday homes have been a thing since the beginning of time you idiot

And Airbnb made them a mass market thing

fucking lol landlords overwhelming don't build shit
kill yourself

listen to this self-justifying faggot lol

I find this just about as infuriating as the mega-corps somehow siphoning away like 70% of the small business emergency fund.

I want the housing crash to happen just as much as anyone else here, but I sadly don't think it will happen. What will happen is all the banks will take their foreclosure property off the market, slowly drip-feeding it back in, in order to artificially lower supply and keep the prices up. Then you have all the chinks who will swoop in and buy up everything anyway before it goes down. And finally, there are hordes of irrational boomers who would rather starve to death on principle and HODL until they die of old age rather than see "muh investment" go for less than the ridiculous price they think it's worth.

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>Instead of buying my first house, I bought a house that would make a higher yield as a rental/airbnb, that makes me disgusting?
YES

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just read all your posts and i cant believe how delusional you are. crazy how you think youre doing so much for society.

GOOD.
Fuck landlords and fuck those in particular that buy up property specifically to use it as an Airbnb.
Those with wealth buy up housing to rent it out, driving up the price of housing.
The government imports millions of 3rd worlders, driving down wages and driving up house prices.
Fuck this system. I want to to collapse and I want a new Hitler to sweep this fucking filth away.