The Sneaky Tax Break That Reshaped U.S. Real Estate

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

As a nurse and part-time real estate agent with $330k saved, I'm keen to invest in the stock market to combat low bank returns and guard against inflation. How can I build a solid portfolio?

“If we keep house prices too expensive, we can keep ppl renting forever to line our pockets”

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.

"Better alternative than owning a house" Yes, I live in my REIT.

Maybe we should stop treating housing as investments and start treating them as homes, you know, for people to live in.

What really annoys me is these companies (like many landlords) forget housing is first and foremost human. Thinking of it simply in terms of cost and profit is wrong.

We want to buy a house not become a landlord

Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.

Yes pump your money into the very corporations that are inflating the real estate bubble. If you don't own a home you're making the problem worse for yourself by owning a REIT that will use your money to buy the very home you had your eye on.

I'm poor but I want to take advantage of other poor people.

"That may not fit for us." No, dummy, they literally CANNOT AFFORD IT because of a whole host of factors.

At 35 many like myself are realizing they will never own a home and won't start a family. We are watching the whittling down of the middle class and first-time home ownership become a thing of the past. My heart breaks knowing historically what happens in times like these- massive spike in crime, violence, social divide, populism, facism.

How about we stop treating housing like a commodity and start treating it as a basic need. You can't say your nation has robust upward mobility if the bottom percentage are barred from opportunities because housing in those areas is expensive and scarce. Wall Street and their pocket politicians have essentially kicked the ladder down for everyone else because they constantly oppose efforts like removing R1 zoning, removing minimum parking requirements, and expanding housing supply through governments and private efforts. Actions that would actually help tackle the housing crisis.

Corporations are going to buy as many residential properties as they can to have perpetual income.

Is a REIT an alternative to a house? For investors yes but not for families who actually need a house to live it it

Be very careful. If it is an Income Trust, someone else may own the buildings and land. Income will be after leasing from the owners, property management, real estate agency, property maintenance, sinking fund for future renovations, and a host of other costs.

Beware... When investors have made as much as they can during a period start "sharing the secret" to grow a crop of new investors -- the RE market drives REITs the same as other investments.

houses should be shelter for people not assets and commodities. stop speculating start creating.

This is just disgusting