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Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by trevelyan on Thursday March 24, 2016 @06:03AM (#11351647)
Renting isn't a short because you don't profit when the market goes down. And you are still out rent.
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by mahyarm on Thursday March 24, 2016 @02:50PM (#11355320)
It isn't but it is a hedge. You put that down payment in some other asset class (stocks?), pay about half of what a mortgage would be currently and then profit when the RE asset bubble pops and buy when it's cheaper. And while your waiting the stocks themselves will probably have a gain of some sort.
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by kazinator on Thursday March 24, 2016 @11:36AM (#11353631)
The correct stock/equity analogy of renting is that you don't own shares of XYZ; you do volunteer work for XYZ. You pay XYZ regular dividends instead of the other way around, you maintain the equipment of XYZ and so on.
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by rfrey on Thursday March 24, 2016 @08:29AM (#11352227)
I think what was meant by the short was selling at current prices and holding the money, intending to buy back after a crash.