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A comment on $2T in Proceeds of Corruption Removed from China and Taken to US, AUS, CAN, NL. Parent comment

Re:$2T in Proceeds of Corruption Removed from China and Take... by sanswork on Monday January 02, 2017 @12:34AM (#13299282)
It isn't that rare actually in major western cities. So you are betting on large increases in property value to offset the loss from front loaded interest payments to make your investment better? That's a gamble.
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Re:$2T in Proceeds of Corruption Removed from China and Take... by prklmn on Monday January 02, 2017 @01:34AM (#13299462)
The interest is part of the investment. It gives you control of the property and ability to collect all appreciation. It takes a very minor increase in value to turn a profit if your time horizon is short term. A renter doesn't have anything to show for his or her rent payment and cannot collect any appreciation.
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Re:$2T in Proceeds of Corruption Removed from China and Take... by forgetsusername on Monday January 02, 2017 @08:32AM (#13301042)
>It takes a very minor increase in value to turn a profit if your time horizon is short term.

It's hard to believe that amateurs on this board actually believe house-flipping is a sure thing.

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