Yeah, it sucks when an investment goes south, and yeah, that’s just how it goes sometimes, but they DID lose something.
Sounds like the inheritors lost something.
Again, families often need to move to larger (i.e. pricier) homes. This isn’t reserved for the wealthy class.
Which becomes easier to afford if housing is cheaper.
A lot of young people think they’re making investments right now, but as soon as housing falls, they’re going to be left holding a bunch of worthless cardboard over night.
The end game buyers of such collectibles, won’t be impacted enough from a housing crash to stop them from collecting.
Also far from everyone is speculating on collectibles, it’s a high risk high reward gamble to do so. Which unopened Lego boxes has proven. With the added sprinkle on top you need to be able to hold the items for decades
That’s fine if you’re fine with it, as long as you understand what’s about to happen. What I don’t get is your “fuck them, got mine” attitude about it. It doesn’t help to welcome the worst for everyone around you. What helps is empathy.
I truly hope you are not negatively impacted by what comes next. Cheers.
There’s nothing “fuck them, got mine” attitude about this, the only one losing to a housing market crash are the well offs; It’s a net benefit for the vast masses of society
Sounds like the inheritors lost something.
Which becomes easier to afford if housing is cheaper.
The end game buyers of such collectibles, won’t be impacted enough from a housing crash to stop them from collecting.
Also far from everyone is speculating on collectibles, it’s a high risk high reward gamble to do so. Which unopened Lego boxes has proven. With the added sprinkle on top you need to be able to hold the items for decades
That’s fine if you’re fine with it, as long as you understand what’s about to happen. What I don’t get is your “fuck them, got mine” attitude about it. It doesn’t help to welcome the worst for everyone around you. What helps is empathy.
I truly hope you are not negatively impacted by what comes next. Cheers.
There’s nothing “fuck them, got mine” attitude about this, the only one losing to a housing market crash are the well offs; It’s a net benefit for the vast masses of society