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Samson Soturian
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Why buying a house in the US is so hard right now" video.
It's a growing city. It's not the house, it's the land
10
Most people who just need a place to live are better off renting.
7
In key locations in cities, every bit of land has a price. Empty spaces are just a waste.
4
Houses do not rise in value, land does. It doesn't matter how long you own a house in a rural area, it's going to trade at the same price forever.
4
Hedge funds are statistically insignificant. 10,000 hedgies times an average AUM of 80 million equals 800 billion total value. The GDP of New York City alone is twice that.
3
Not really. Renting out homes is a perfectly good investment, but most people who just need a place to stay are better off renting.
3
Just rent a house and avoid the paperwork and fees
2
Your family?
1
@GrafEisen1 indeed you do
1
No one asked you @spacecube8561
1
You'd think the writer would know better since that was a major fallacy of the housing bubble
1
@moosesandmeese969 get real. You're better off renting a house, and someone has got to supply one
1
That's silly. There's no particular reason to favor an amatuer landlord over a professional one, and most of us are better off renting because people often move and/or don't need decades long obligations in our lives
1
Rent is just a function of land and house value.
1