Replying to Avatar ODELL

investment real estate is a shitcoin

- can be rugged by local governments incredibly easily

- lack of liquidity, hard to buy or sell quickly

- overvalued due to decades of people trying to escape the losing purchasing power of their shitty money

- will trend to zero when priced in bitcoin

owning your own land is the exception - can still be rugged and will also lose value over time but can provide significant benefits for family security and well being
3d
sms 2y ago

I agree RE is a shitcoin, and land is no exception; not only can it be rugged, but only local government gangs actually “owning” ALL land on this planet.

“Property tax” is really just a longterm or perpetual lease payment, and the ultimate Blue Check charge.

Easy to prove to yourself just by stopping those payments…

#gangsterment #PrisonPlanet

Reply to this note

Please Login to reply.

Discussion

No replies yet.