[quote=TheBrianNarrative][quote=FlyerInHi][quote=TheBrianNarrative]Ok you roll the dice in Vegas. We’ll see how that goes the next few years[/quote]
Flu, you do realize that Vegas was discounted 70% from previous peak and has not recovered yet? A friend bought a place in 2006 for $360k. He recently sold for $320k.
He lost bigly. That’s why one needs to time it right with recessions.
I don’t even like Vegas. But I invested there for the money. It’s an ugly sprawling city but It’s a top 10 metro where people like to live and visit. Yes, it’s gentrifying. A condo downtown is worth more than a house in the best suburbs.
When I’m old, I’ll take my USD rental income and travel the world. I can rent in places like Berlin where it’s cheaper to rent than to buy. Plus that gives me flexibility to go where I please.[/quote]
