Well, at that point it's borderline impossible to spend (on consumables, not assets) your yearly earning, so even if he's poor now, he almost certainly won't be by the end of the year (unless he has a massive amount of…
I see. I am a part of the young demographic you're talking about, so I have experienced the (compared to my parent's time) inflated prices first hand. I only own one investment property (in a large city) so far and it's…
> The role of investors in the economy is ultimately to finance new development. ===> False. The role of investors is to make money. No. The market pays investors if they managed to allocate capital well, and takes away…
Then perhaps building even more is what's needed to keep up with the demand. If you keep building at a fast enough pace, then at some point, there will be more housing units than prospective renters, landlords start…
The role of investors in the economy is ultimately to finance new development. It's easy to see how this works when an investor is the first owner. If it weren't for the initial investor with the required capital and/or…
That's the wrong way to go about it. You want to be pricing based on supply and demand, not based on your costs. OP stated he wanted to work remotely, hence he's competing in the global (remote work) market. Many US and…
Don't ask for $1.5k/mo. No one will think of you as valuable if that's what you ask for. People who do pay you that much will treat you like shit and are not the kind of people you want to work with. The problem is…
Well, at that point it's borderline impossible to spend (on consumables, not assets) your yearly earning, so even if he's poor now, he almost certainly won't be by the end of the year (unless he has a massive amount of…
I see. I am a part of the young demographic you're talking about, so I have experienced the (compared to my parent's time) inflated prices first hand. I only own one investment property (in a large city) so far and it's…
> The role of investors in the economy is ultimately to finance new development. ===> False. The role of investors is to make money. No. The market pays investors if they managed to allocate capital well, and takes away…
Then perhaps building even more is what's needed to keep up with the demand. If you keep building at a fast enough pace, then at some point, there will be more housing units than prospective renters, landlords start…
The role of investors in the economy is ultimately to finance new development. It's easy to see how this works when an investor is the first owner. If it weren't for the initial investor with the required capital and/or…
That's the wrong way to go about it. You want to be pricing based on supply and demand, not based on your costs. OP stated he wanted to work remotely, hence he's competing in the global (remote work) market. Many US and…
Don't ask for $1.5k/mo. No one will think of you as valuable if that's what you ask for. People who do pay you that much will treat you like shit and are not the kind of people you want to work with. The problem is…