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Proles think most wealth creation comes from Real Estate

Very big part of the prole mindset
Exciting Address
  07/27/21
?
claret idiot
  07/27/21
Is real estate prole?
purple hominid pit
  07/27/21
mostly, yes.
Exciting Address
  07/28/21
...
chartreuse painfully honest spot
  07/27/21
in aggregate worldwide it probably does most people can't s...
Hairraiser kitchen trust fund
  07/27/21
in a sense you're right. lots of striving proles who buy a d...
motley black woman
  07/27/21
It does. Residential real estate appreciates 40% per year, ...
Harsh Theater
  07/28/21
whoa.
Provocative burgundy hospital
  07/28/21
...
mildly autistic hall pocket flask
  07/28/21
There's a clip from The Believer you should watch
Supple gay garrison keepsake machete
  07/28/21
it actually works really well for proles as a mechanism for ...
haunting bawdyhouse
  07/28/21
do people actually make substantial money by just buying con...
Razzle mauve business firm
  07/28/21
Properties constantly appreciating is like a fail-safe mecha...
haunting bawdyhouse
  07/28/21
Nothing fascinates proles more than the notion of buying up ...
Charismatic snowy weed whacker
  07/28/21
...
purple hominid pit
  07/28/21
...
Exciting Address
  07/28/21
Well, actually...
aphrodisiac bright regret station
  07/28/21


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Date: July 27th, 2021 12:11 AM
Author: Exciting Address

Very big part of the prole mindset

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847608)



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Date: July 27th, 2021 12:14 AM
Author: claret idiot

?

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847619)



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Date: July 27th, 2021 12:15 AM
Author: purple hominid pit

Is real estate prole?

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847621)



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Date: July 28th, 2021 7:03 PM
Author: Exciting Address

mostly, yes.

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859134)



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Date: July 27th, 2021 12:17 AM
Author: chartreuse painfully honest spot



(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847627)



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Date: July 27th, 2021 12:21 AM
Author: Hairraiser kitchen trust fund

in aggregate worldwide it probably does

most people can't start high tech companies or invest in them early as a VIP

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847642)



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Date: July 27th, 2021 12:28 AM
Author: motley black woman

in a sense you're right. lots of striving proles who buy a duplex and rent one side out for $9K a year while dealing with endless headaches re: maintenance, renters, management, etc



(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42847678)



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Date: July 28th, 2021 7:11 PM
Author: Harsh Theater

It does. Residential real estate appreciates 40% per year, every year. A $200k house today is a $150 million house in 2041.

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859172)



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Date: July 28th, 2021 10:42 PM
Author: Provocative burgundy hospital

whoa.

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42860132)



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Date: July 28th, 2021 10:43 PM
Author: mildly autistic hall pocket flask



(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42860135)



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Date: July 28th, 2021 7:12 PM
Author: Supple gay garrison keepsake machete

There's a clip from The Believer you should watch

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859180)



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Date: July 28th, 2021 7:15 PM
Author: haunting bawdyhouse

it actually works really well for proles as a mechanism for wealth creation if they can get enough $$$ to actually pay it down or buy an investment property. the modal prole stonk investor is just going to sell a stonk when it gets FUDDed or drops but they are going to pay down mortgage debt unless they are totally broke.

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859198)



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Date: July 28th, 2021 7:45 PM
Author: Razzle mauve business firm

do people actually make substantial money by just buying condos, apartments, duplexes, or homes with loans and just renting them out, or is this elaborate boomer flame?

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859340)



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Date: July 28th, 2021 8:03 PM
Author: haunting bawdyhouse

Properties constantly appreciating is like a fail-safe mechanism to avoid losses if one chooses a bad property/area. And if you get a good one then it pays $$$

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859403)



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Date: July 28th, 2021 7:45 PM
Author: Charismatic snowy weed whacker

Nothing fascinates proles more than the notion of buying up homes, renovating them, and flipping them. It keeps them spellbound.

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859343)



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Date: July 28th, 2021 7:47 PM
Author: purple hominid pit



(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859350)



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Date: July 28th, 2021 10:40 PM
Author: Exciting Address



(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42860122)



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Date: July 28th, 2021 7:48 PM
Author: aphrodisiac bright regret station

Well, actually...

(http://www.autoadmit.com/thread.php?thread_id=4886371&forum_id=2#42859352)