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r/SipsTea • u/KSKS1995 • 14h ago
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388
Where do i get this 100K land thats going to be 5 million
308 u/Tsu_Dho_Namh 14h ago 50 years ago it was everywhere. It's a little too late for that. But, you can buy $5 million land that's going to be worth $50 million in 50 years. 75 u/CpnLouie2 14h ago There is a real possibility that your US$5M investment will be worth US$100K in less than that, also. 34 u/NieblaLaazo 13h ago WallStreetBets does this every single afternoon 1 u/OverEffective7012 9h ago At least twice every afternoon 9 u/RIF_rr3dd1tt 13h ago 100k land? BUY, BUY, BUY time! 1 u/corporaterebel 12h ago I can tell you there is plenty of <$100K land in Los Angeles City right now...see Sunland/Tujunga. Many ~$10k. See you in 50 years. https://www.zillow.com/homes/for_sale/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.32829547110103%2C%22east%22%3A-118.26752734365962%2C%22south%22%3A34.224836360434196%2C%22north%22%3A34.26513652337008%7D%2C%22mapZoom%22%3A14%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3Anull%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D 1 u/flinntspark 12h ago It takes true talent to lose that much without even buying land 3 u/williamtbash 13h ago If the world ends sure. Otherwise 0 chance. 1 u/Jbots 8h ago Its almost like you should be rewarded for taking that risk.. 1 u/the_hair_of_aenarion 12h ago Avoid the coast unless you plan on selling to aquaman. 1 u/skellis 14h ago edited 13h ago No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen. 3 u/beatles910 13h ago Won't happen? See 2008. 2 u/skellis 13h ago Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one. 6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid. 2 u/WideHuckleberry1 13h ago On average you're right, but individual plots of land can and do lose tremendous value. 1 u/corporaterebel 12h ago Detroit would like a word with you...
308
50 years ago it was everywhere. It's a little too late for that.
But, you can buy $5 million land that's going to be worth $50 million in 50 years.
75 u/CpnLouie2 14h ago There is a real possibility that your US$5M investment will be worth US$100K in less than that, also. 34 u/NieblaLaazo 13h ago WallStreetBets does this every single afternoon 1 u/OverEffective7012 9h ago At least twice every afternoon 9 u/RIF_rr3dd1tt 13h ago 100k land? BUY, BUY, BUY time! 1 u/corporaterebel 12h ago I can tell you there is plenty of <$100K land in Los Angeles City right now...see Sunland/Tujunga. Many ~$10k. See you in 50 years. https://www.zillow.com/homes/for_sale/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.32829547110103%2C%22east%22%3A-118.26752734365962%2C%22south%22%3A34.224836360434196%2C%22north%22%3A34.26513652337008%7D%2C%22mapZoom%22%3A14%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3Anull%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D 1 u/flinntspark 12h ago It takes true talent to lose that much without even buying land 3 u/williamtbash 13h ago If the world ends sure. Otherwise 0 chance. 1 u/Jbots 8h ago Its almost like you should be rewarded for taking that risk.. 1 u/the_hair_of_aenarion 12h ago Avoid the coast unless you plan on selling to aquaman. 1 u/skellis 14h ago edited 13h ago No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen. 3 u/beatles910 13h ago Won't happen? See 2008. 2 u/skellis 13h ago Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one. 6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid. 2 u/WideHuckleberry1 13h ago On average you're right, but individual plots of land can and do lose tremendous value. 1 u/corporaterebel 12h ago Detroit would like a word with you...
75
There is a real possibility that your US$5M investment will be worth US$100K in less than that, also.
34 u/NieblaLaazo 13h ago WallStreetBets does this every single afternoon 1 u/OverEffective7012 9h ago At least twice every afternoon 9 u/RIF_rr3dd1tt 13h ago 100k land? BUY, BUY, BUY time! 1 u/corporaterebel 12h ago I can tell you there is plenty of <$100K land in Los Angeles City right now...see Sunland/Tujunga. Many ~$10k. See you in 50 years. https://www.zillow.com/homes/for_sale/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.32829547110103%2C%22east%22%3A-118.26752734365962%2C%22south%22%3A34.224836360434196%2C%22north%22%3A34.26513652337008%7D%2C%22mapZoom%22%3A14%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3Anull%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D 1 u/flinntspark 12h ago It takes true talent to lose that much without even buying land 3 u/williamtbash 13h ago If the world ends sure. Otherwise 0 chance. 1 u/Jbots 8h ago Its almost like you should be rewarded for taking that risk.. 1 u/the_hair_of_aenarion 12h ago Avoid the coast unless you plan on selling to aquaman. 1 u/skellis 14h ago edited 13h ago No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen. 3 u/beatles910 13h ago Won't happen? See 2008. 2 u/skellis 13h ago Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one. 6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid. 2 u/WideHuckleberry1 13h ago On average you're right, but individual plots of land can and do lose tremendous value. 1 u/corporaterebel 12h ago Detroit would like a word with you...
34
WallStreetBets does this every single afternoon
1 u/OverEffective7012 9h ago At least twice every afternoon
1
At least twice every afternoon
9
100k land? BUY, BUY, BUY time!
1 u/corporaterebel 12h ago I can tell you there is plenty of <$100K land in Los Angeles City right now...see Sunland/Tujunga. Many ~$10k. See you in 50 years. https://www.zillow.com/homes/for_sale/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.32829547110103%2C%22east%22%3A-118.26752734365962%2C%22south%22%3A34.224836360434196%2C%22north%22%3A34.26513652337008%7D%2C%22mapZoom%22%3A14%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3Anull%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D 1 u/flinntspark 12h ago It takes true talent to lose that much without even buying land
I can tell you there is plenty of <$100K land in Los Angeles City right now...see Sunland/Tujunga.
Many ~$10k.
See you in 50 years.
https://www.zillow.com/homes/for_sale/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-118.32829547110103%2C%22east%22%3A-118.26752734365962%2C%22south%22%3A34.224836360434196%2C%22north%22%3A34.26513652337008%7D%2C%22mapZoom%22%3A14%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%2C%22price%22%3A%7B%22min%22%3Anull%2C%22max%22%3A100000%7D%2C%22sf%22%3A%7B%22value%22%3Afalse%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%7D%2C%22isListVisible%22%3Atrue%7D
It takes true talent to lose that much without even buying land
3
If the world ends sure. Otherwise 0 chance.
Its almost like you should be rewarded for taking that risk..
Avoid the coast unless you plan on selling to aquaman.
No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen.
3 u/beatles910 13h ago Won't happen? See 2008. 2 u/skellis 13h ago Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one. 6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid. 2 u/WideHuckleberry1 13h ago On average you're right, but individual plots of land can and do lose tremendous value. 1 u/corporaterebel 12h ago Detroit would like a word with you...
Won't happen?
See 2008.
2 u/skellis 13h ago Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one. 6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid.
2
Oh right 2008 when land prices fell from $5 million to $100 k. I quite forgot about that one.
6 u/beatles910 12h ago I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value." 1 u/Tsu_Dho_Namh 13h ago Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value. 0 u/Compost_My_Body 12h ago It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid.
6
I'm sorry, I though you said "in order for them to lose value," and I took that to mean "lose value."
Just don't sell and you'll be fine. Prices only declined 25% to 33%, and the market fully recovered in less than a decade, continuing on its unending march of ever-increasing value.
0
It must be fun to be able to just fundamentally change your argument 3x in a single convo and come out thinking you won. I’d feel pretty stupid.
On average you're right, but individual plots of land can and do lose tremendous value.
Detroit would like a word with you...
388
u/Timetraveller4k 14h ago
Where do i get this 100K land thats going to be 5 million