Almost 20 years ago we bought a home that we could grow into. Now that our sons are grown we still have enough space to live individually but come together as a family
The math on this is funny. 250k loan at 8% interest to make your garage rentable. You need to charge about 3k /mo rent to pull 5% yearly ROI to beat a savings account. Seems like a lot of effort and risk but what do I know. I'm not selling real estate dreams to morons.
@NeoSoulCrew Nope, try again you failing house flipper. When I bought my home I did it cash because I could. Best you can do is post D-tier troll comments to anyone pointing out how hairbrained your investment schemes are. How many hot potatoes you holding rn?
@@KK-pm7ud- This was the mindset of the French monarchy just before French Revolution,,“let them eat cake”. Ignoring one of the most basic human needs to the majority of the population is not going to end well.
@@KK-pm7ud - Define shelter. Homeless living in tents have shelters, and I wouldn’t call that situation adequate. If the expectation is to limit family formation (also not healthy for society/economy), then sure single bedrooms apartments would be fine. Nobody is asking for 4 bedroom McMansions, but small three bedroom single homes (or townhomes) at attainable prices is reasonable. Telling folks to work hard and sacrifice at the current affordability index and median incomes is unreasonable.
@@josecuervo3351 Homeless living on the streets in tents is not shelter. It is illegal camping. It is up to people to figure their own stuff out. If they have to live with six family members to live in the state they want, then so be it. Otherwise move to a place you can afford based on the job you can get in that location.
Short the banks, gentlemen. We have idiots like these guys hyping up bad renos. Negative amortizations are basically defaults. The banks are just playing some tricks to keep the party going
Almost 20 years ago we bought a home that we could grow into. Now that our sons are grown we still have enough space to live individually but come together as a family
The math on this is funny. 250k loan at 8% interest to make your garage rentable. You need to charge about 3k /mo rent to pull 5% yearly ROI to beat a savings account. Seems like a lot of effort and risk but what do I know. I'm not selling real estate dreams to morons.
Youre a lifelong basement renter
@NeoSoulCrew
Nope, try again you failing house flipper. When I bought my home I did it cash because I could. Best you can do is post D-tier troll comments to anyone pointing out how hairbrained your investment schemes are. How many hot potatoes you holding rn?
Actually you’re both right lol😂, depending on location and individual circumstances.
No one is staying in a garage for rentals in sane markets and it also decreases your value to not have a functional garage.
I thought it was Luis Suarez from Uruguay 😂😂😂
In San Francisco it is difficult to buy a larger home unless you are spending over $1.6 million.
These two lost their minds talking about a garage is 100.000 or more they are the reason housing is so high
Yup because they make easy money.
75% of Americans cannot afford a home in this market and with these rates...
People shouldn't be guaranteed a home. Affordability shouldn't be a government priority.
@@KK-pm7ud- This was the mindset of the French monarchy just before French Revolution,,“let them eat cake”. Ignoring one of the most basic human needs to the majority of the population is not going to end well.
@@josecuervo3351 People have shelter. They just don't require a 3 bedroom home. If you want that, work hard and sacrifice.
@@KK-pm7ud - Define shelter. Homeless living in tents have shelters, and I wouldn’t call that situation adequate. If the expectation is to limit family formation (also not healthy for society/economy), then sure single bedrooms apartments would be fine. Nobody is asking for 4 bedroom McMansions, but small three bedroom single homes (or townhomes) at attainable prices is reasonable. Telling folks to work hard and sacrifice at the current affordability index and median incomes is unreasonable.
@@josecuervo3351 Homeless living on the streets in tents is not shelter. It is illegal camping. It is up to people to figure their own stuff out. If they have to live with six family members to live in the state they want, then so be it. Otherwise move to a place you can afford based on the job you can get in that location.
Hey boys..... money market pays 5% on liquid cash:)
Short the banks, gentlemen. We have idiots like these guys hyping up bad renos. Negative amortizations are basically defaults. The banks are just playing some tricks to keep the party going
zajímavé v CR v Praze je stejná situace,
Find listings with l assumable loan. FHA or VA or USDA.
Home prices will fall for long time. Low interest rates party is over
You can trun your garage into a rental.Remeber. they charge your tax rate. Its a win for the tax man only. You will lose money
Illegal if not properly renovated. You cant rent it out with a concrete floor.
Don't listen to random idiots huh! 😂
housing shouldn't be for speculation lmao....what a joke
Thank you, Dr. Fung. You have gave me and exposed me to a great tool in fasting.
The male presenters’ eyes are “unique”.
Detroit? Lol what a dump
Detroit is the next up and coming 😂😂😂 UAW money
Too much makeup on the man host. Embarrassing.