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Maxis who claim "real estate is a shit coin" and such, live in a fantasy world. There has never been a time in civilization where every family "owned" a home, rentals are a constant in civilization.

Bitcoin won't change that you need dilithium crystals, transporters and replicators to change that.

So long as people want to rent homes, there is a business model in being a land lord. And quite a good one.

The reality here is the same shit over and over, typical pattern. Those that don't want to learn how to do a thing, come up with why the thing is "bad". It is retarded and it makes you look like a retard to anyone who is informed on the matter.

Same shit when I teach say gardening for preppers and some dipstick says, "but when the shit hits the fan the zombies are just going to see me as a target and steal my tomatoes".

Just shut up and say I don't want to grow a garden (invest in real estate) because it is too complicated for what I want in my life. Then I will respect you, but using ignorance as a shield makes you look like a fuckin idiot.

Gildong.Hong 2y ago

I agree that individuals should own real estate, not the government.

But there is a distortion in the price. It's a shitcoin as much as it is a store of value, exclude the usability.

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Discussion

Jack Spirko 2y ago

"X property is over valued so, I'm right" is what you just said.

I have properties I have held and rented for over 10 years. I don't care if their current value is over valued, I care that my cash flow is tax free, my equity is safe and my out of pocket into these investments is a fraction of the value even if you were to cut it in half.

This is the problem with brain washed maxis (I btw consider myself a maxi just a thinking one). You likely read my post as "real estate is better than bitcoin" it isn't what I said and I won't bother trying to explain what you clearly don't wish to understand.

Gildong.Hong 2y ago

No, I agree with you. I don't oppose Maxi owns real estate or stocks. Maxi can run companies. It is all up to you.

Real estate has usability so that it brings you Bitcoin flow.

However, it is also true that a part of real estate which for store of value is shitcoin.