Replying to Avatar Carl B Menger

Real estate is one of the worst investments you can make because it can be taken by the state at any time, either through higher taxes, new environmental regulations or simply expropriated directly.

#Bitcoin  fixes this.
Avatar
captjack 🏴‍☠️✨💜 1y ago

not always

-> if living in the property

-> if no mortgage

-> if bought early before locality was developed

or else YES if just bought for investment only.

Reply to this note

Please Login to reply.

Discussion

Avatar
Carl B Menger 1y ago

Yea, but with investment i meant not living there yourself.

Avatar
captjack 🏴‍☠️✨💜 1y ago

yup absolutely 100%

if fact heard stories confiscation of someone 50+ apartments in his/family/trust names.