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Replying to Avatar Mr. Sat Stacker

Real estate is illiquid. Can't sell part of your home to repipe the plumbing or repair a roof or replace the hvac.

Have to have cash on hand or an HELOC with funds so you can borrow your way out.

In a proper monetary system, where the value of our money goes up each year, people will abandon housing for better stores of value.

Housing is a depreciating assets/liability (if you have a loan) needing constant insurance payments, maintenance/repairs and subject to govt taxes /assessments.

Rent seekers are gonna get reckt in a sound money world.

7e
nobody 1y ago

🔥🔥🔥🎯🎯🎯🎯🎯👆👆

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