How the hell do people afford housing?

[underahedgerow]

25. Or some people know how to make their money earn money. I turned 3000 bucks

into nearly a million in profit, buying, restoring and selling property over a period of about 8 years. Started in pennies, now I have long term holds.

I learned how to play the stock market, getting up at 4am to get on with the east coast traders and made some decent bucks.

I do it now a bit with the advantage of being 6 hours ahead of the NY markets, but it's not interesting much to me anymore. I like property. And gold. I hold gold as a hard asset for when I need cash, buying scrap as cheap as I can, and cashing in occasionally.

But property is still the best investment, if you learn the trades, learn the values and have to ability to know what people want and how to stage the sale.

No one gets rich by working from 9-5 and taking a paycheck from someone else. People get rich by creating their own wealth, their own opportunities and their own jobs and income.