Replying to Avatar Stephan Livera

Bitcoin will demonetise housing and change the nature of the property ponzi.

So in 2025 where there are still a lot of people who think rental property investment is a good idea, aren't they effectively holding the bag?

Isn't it more efficient to rent a place, let them own the demonetising asset, and they pay for the substantial maintenance, take on depreciation and other risks - while you HODL on?
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Pre 11mo ago 💬 1

Property as an investment is probably a bad idea, but thinking your landlord is going to maintain your home properly seems like a pipe dream. Landlords suck. They're unresponsive, unwilling to spend even on repair let alone improvement. Plus they're nosey, always coming around inspecting and placing rules on what you can do. Want a dog? Gotta get the landlords permission I'm afraid. Want to build an extension? Gotta get the landlord's permission I'm afraid. Want to repaint or improve the insulation? Gotta wait til the landlord will pay, if they'll do it at all.

Landlords suck.

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88b02cf7... 11mo ago 💬 1

Why would anyone in their right mind put an extension someone else's house?

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Pre 11mo ago

Well exactly, if you want to be able to add an extension then renting isn't gonna work. Best not have a baby or whatever.