by thankshousingbubble ➕follow (7) 💰tip ignore
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And he says he gets $6000 a month at the minute. He isn't claiming some kind of
amazingly lavish income, but that and his pension would do very nicely for most
people
Do you ever get to actually retire with 15 passive income properties?
I would think so with a good property manager. One of the advantages compared to stocks - stability. Not saying housing is a better investment than stocks, just talking about the stability.
Phoenix is a place that will never ever be worth it. Doesn't mean few people won't make their money doing rentals or investors won't flip stuff to each other back and forth until someone is left with the empty bag, but overall it's a has been kind of like Detroit.
It's amazing, literally every thing you think is always wrong! It's beyond just being stupid, the correlation is literally -1....
Since you wrote this comment, rents in phoenix are up a good 25%, and prices 50% or more.
As usual you dug just deep enough to support your view.
Phoenix listings are up year over year and sales are down year over year. That is a fact!
yup1... where are you? how did your negative predictions for Phoenix real estate work out these past 3 years?
wow, this site always was a bunch of clueless people! even many years ago!!!
Uh huh.... And you can ask $50k for your used honda civic too.
what ever happened to this guy? "rentingwithhalfabrain" ??
Had he bought 4 years ago, instead of predicting further market crashes, oh well, if frogs had wings they wouldn't bump their butts so much after every jump!
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