Quote:
Originally Posted by OneHungLo
So I guess you're like tommy sitting in the desert with a plastic boat waiting for the rain? lol
If the economy crashes you can rest your beating heart my properties will still be rented. Like I said, barring a nuclear holocaust is the only way I lose.
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no I am just being realistic about your dying business model...the middle class in the USA is going nowhere but down...automation will take more and more jobs...your debt is going nowhere but up and the bill must come due one day...taxes on the middle and poor will go up because somebody has to foot the bill...oh and then theres the healthcare insurance joke
negative gearing is basically banks printing money out of thin air, lending it to people who already have money so that they can rent properties to people who do not have money and will have less and less money in the future who are getting fucked on all sides...modern slavery LOL
what happens when your renter can not pay the 2000$/month? but you owe the bank 2000$/month to break even?