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Comments by "Piccalilli Pit" (@piccalillipit9211) on "TikTokin Realtor Warns America, This Time Is Different" video.
KARL MARX PREDICTED THIS 150 years ago - the tendency of profit to decline over time means there is no longer profit in making things... So you move to a cheaper country, then an even cheaper country. THEN when there is no where cheaper to go to and the profit has declined to less than bank interest rate - you are BETTER buying property and getting the rent cos worst case you can BORROW at bank interest rate and get a higher than that return and DEFFO get higher than bank SAVINGS rate.
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