It is property that can be stolen at any time. Property taxes AND capital gains AND estate taxes. You get nothing for that money unless the people who own the money WANT you to get something.Originally Posted by Zippyjuan
It is property that can be stolen at any time. Property taxes AND capital gains AND estate taxes. You get nothing for that money unless the people who own the money WANT you to get something.
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- Fiat Banking - Your supply of capital is limited to whatever arbitrary limit those who have limitless currency resources allow.
- There is no 'law' - Only psychopaths who pervert just principals for their own enrichment while violently stealing your wealth, your future, and your life if need be.
Bubble time again. There is an interesting TV show about property bidding wars in Arizona. No inspections, no knowledge of the interior, as is. Many episodes end with a statement that they make money no matter how bad a deal they got, due to housing prices rising so fast.
http://dsc.discovery.com/tv-shows/property-wars
Last edited by Brian4Liberty; 12-30-2012 at 02:23 PM.
Greg Brannon for US Senate 2014 - North Carolina
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
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ABCD.
Anything Bernanke Cannot Destroy.
Currency and credit markets are about to go into their "shit show" stage.
If you are a viable producer and smart with money, there are great residential opportunities in the USA right now. Detroit/NYC/Atlanta and other inner cities don't count, everyone knows the inner cities are decaying zoo's.
The periphery of cities and into smaller towns, rural areas (USA) are prime real estate in the whole world.
Do not forget, the whole Western world is in a housing bubble. Some places have popped, like the USA. That puts Americans at the forefront of recovery, in that sense, you are ahead of the pack.
Here in Canada, our housing bubble POP has just begun. The real damage will not be known for about 2 years.
"Like an army falling, one by one by one" - Linkin Park
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