The price of my Prius went up 10% this month and over 50% in 2 years.

Small time landlords are going extinct dude... Money laundering operations and private equity firms buying thousands of houses a month is is at a crisis level! And to pretend that those folks are gonna lose when the latest housing bubble pops is missing the point of the real live people who are truly losing every single day!

 

sounds like its time to sell it...

 

Many people pay cash for houses these days. Not that unusual and not a crime either, yet. Why pay interest?

 

Could be.
Always amusing to watch people count their paper wealth. Saw it in 2007 too, then poof!
Car price inflation like house inflation is an illusion unless you’re planning on dying soon after a sale. Even if you downsize, the tax man cometh and take the away much of your proceeds.

 

Definitely a good investment..

 

So are you always an apologist for criminal activities that are directly contributing to homelessness, or is it just because you don't know how it works? Do you understand what the "exemption for beneficiary declaration" means in real estate and how it makes it the easiest way to hide millions of dollars made by illegal means? Do you know how much Real Estate Putin and his cronies own in the US? Same with all the other tyrants of countries that don't have free and fair elections. They literally steal and hide their nations wealth in homes in the US that are meant for sheltering people, but hiding their ill-gotten gains.

"Amongst GFI’s damning findings regarding US real estate deals were that over 50% of them involved politically exposed persons (PEPs) and 82% used anonymous shell companies. The report also noted that the US is the only significant G7 member which does not require ultimate beneficial ownership declarations from realty agents." https://www.napier.ai/post/biden-real-estate-money-laundering

"...there is very little the government can do to find out who owns what real estate in the U.S., which has become a “destination of choice” for money launderers throughout the world, said Louise Shelley, the director of the transnational crime and corruption center at George Mason University, who has been an expert witness about how Russian money is laundered through real estate." ‘It’s a complete black box’: Russian oligarchs pour money into U.S. real estate market

 

WOW, so many memes, so little time.
Take another toke man, and chill.

 

Let me guess, you're a homeowner and not a renter and think the higher your home value goes the better no matter how many renters end up on the street because they can't make rent. Congratulations for profiting off the criminal cesspool that land ownership in the US is morphing into. Clearly it's worth sacrificing basic decency and your humanity for you to make as much money as possible, right?

 

Correction, please take two tokes, seems you may need it.

 

I clicked ignore so there's no more conversation after my last reply... Can't see anything from that dude no more.

 

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