The airbnb I’m in Florence is worth like 40,000 euros and airbnbs for 80+ euros a night . Would pay for itself in like 2 years . RE is so cheap here bc ppl are socialists and have no money
Discussion
And Americans are mostly locked out from this bc you actually need money to do this, you can’t just get loans and lever up
nostr:npub1r26a5zxhp27rdvuswa9c097p5fprvy45pwjsyk0s7t4j5v97z7vsxl0rtf maybe I’ll still get my dual citizenship lol slumlord rand0
Can always stack the rent/income in Bitcoin and keep it off of the usual channels like Airbnb to prevent the Moolies from destroying your places.
Price it out of their price range
Ebt not accepted lolll
😂😂😂
It’s def not as socialist as Spain. It’s still an option. World is our oyster. I still can’t get over how cheap the RE is and how expensive it rents to tourists
Yes. But as you said. Loans. Why would you buy sthg highly inflated 'by loans' with savings or hard money? They want to create their euro peon class and kinda succeed.
Foreigners can’t get loans here . Loans are why RE is so inflated in the states. Imagine if everyone had to pay cash lol
Same in peon land. Bank gives no loan. You no buy house and stay rentslave.
Or you save money and live within your means . Pool money with family. Either way I’m saying there are arbitrage opportunities here . This condo would be $150-200k in the US