Right, but there are also scarce homes. If you buy the right house - and it usuallly takes a lot of fiat - under normal circumstances it will increase its fiat price. I agree with you it is a liability though.
Unless a war or disaster happens in the area
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Sure!
Or you get taxed out.
You never own land. You lease it from the government!
Lease always goes up and outpaces the fed printing machine
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