I rent, buying is not a good idea, at least not over here, especially now that the real estate market is going through a lot of uncertainty.
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I rent, buying is not a good idea, at least not over here, especially now that the real estate market is going through a lot of uncertainty.
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Yea I don't think its a good time to buy. Before the lockdowns, I would of said it was fine to go buy a house but the economy is just too much unknowns right now.
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True but don't you think the risk might pay off huge ?
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I am unsure since 3D printing is starting to take off. If you buy a house now and the building costs decrease then the prices of houses drop.
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Oh I meant to say just the site ( meaning without any building )
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Yea land will always be good but you are probably still liable for taxes to the government.
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Yeah but property tax isn't huge here and they rarely collect it properly lol .
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Probably... real estate is known to be a solid investment, it's just not for me. I prefer other approaches
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Well here it is a good investment right now . Many are selling their property due to COVID ( because of the need of money ) and the rich people are just grabbing them .
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