Or you can look at a ready-made map to see which areas are more likely to be worth buying in. :) No fun they are trash
Good contribution
Once again
@ccf
Good contribution
Once again
@ccf
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@leveragegrinding Even if you say yourself that it was just for fun, here is an explanation for everyone else as to why I would advise against it:
1) In such maps, a region and not a concrete object is considered. As mentioned in part 1, you cannot live in the global (or local) average. It is therefore important to know how I can calculate a sensible decision for each individual property.
2) The assumptions used in such maps are not transparent and/or do not match your own. What equity is used for the calculation? What interest rate is used for the global portfolio? Or does everything in the calculation end up in the savings account? I recently read an article somewhere in which the overwhelming majority advised buying. However, the tenant's portfolio only earned 3% interest. No wonder they came to this conclusion.
3) Such maps or guides are often produced by interest groups and are correspondingly biased. Don't trust any statistics that you haven't falsified yourself.
1) In such maps, a region and not a concrete object is considered. As mentioned in part 1, you cannot live in the global (or local) average. It is therefore important to know how I can calculate a sensible decision for each individual property.
2) The assumptions used in such maps are not transparent and/or do not match your own. What equity is used for the calculation? What interest rate is used for the global portfolio? Or does everything in the calculation end up in the savings account? I recently read an article somewhere in which the overwhelming majority advised buying. However, the tenant's portfolio only earned 3% interest. No wonder they came to this conclusion.
3) Such maps or guides are often produced by interest groups and are correspondingly biased. Don't trust any statistics that you haven't falsified yourself.
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âą@DonkeyInvestor and they often use outdated data... Just leave it aloneđ
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