“Designer bags are a better investment that real estate”- Cardi B

Does she have a point

  • Yes

    Votes: 11 24.4%
  • No

    Votes: 34 75.6%

  • Total voters
    45

O.G.B

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That’s info for women. I don’t know why she needed to share this on IG lol

But ya'll women love propping up big/loud mouth hood ratchets. So now it's info for EVERYBODY! :pachaha::mjlol:

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God Of Art

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The game is to be sold, not told.

Designer bags are a better hustle to flip.

The same bag with a price increase that has more than doubled (the average cost in 2006 was $1,500 and now is around $3,800). Owning a designer bag has become increasingly inaccessible

Luxury Bags: Does the Cost Reflect the Quality?

The smart way is to buy these bags from a third party source, flip the price high and sell on sites like Ebay, Shopify, Craigslist etc

Supply and demand will never go out of style
She can buy fine art and made that back much quicker
 

Rockstar Mom

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How much is she charging for rent? People can barely afford rent in general. Evictions are at an all time high. Buying a bunch of property right now, and trying to rent them out is the probably not a good idea.
 

re'up

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Not sure if she really said this or whatever, but, a lot of women, a lot of women/people in her audience, aren't able to just be investing into real estate. That's a very small part of the overall population in general. With a lot of variables. Is the property actually making money, what's the loan, what's the equity

I know women who have like 10k or maybe more in bags. And for someone stripping, or escorting, or just working a decent job, a few investment pieces that can be resold on The Real Real or whatever is a lot more accessible than real estate speculation. it's not a bad thing.
 

O.Red

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She's not exactly wrong. It depends on where you are financially and knowledge wise

This is like when nikkas make fun of shoe collectors, not realizing sneakers have become an enormous asset class and it's own self sustaining investment market

People hear "real estate" and automatically assume it's an intelligent and robust investment decision, but it's not some vending machine for cash like nikkas assume. It's lab coat fallacy.

And because of this blind assumption nikkas hop into real estate and get  burned because they didn't know what the fukk they were doing. Look no further than the DJ Envy lawsuit:mjlol:

If you have the means to invest in real estate without losing your ass if the market goes belly up, do it:manny: If you have the means to invest in designer bags or shoes without losing the your grandma's life savings go for it:manny: especially if you understand that market better than you do real estate. These things are not that black and white

 
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