Replying to Avatar Vitor Pamplona

Many of my friends have been preferring to own an S&P index and rent as opposed to owning a house. I find myself in that understanding as well.

Flimsy US Houses depreciate too much, too fast, and require too much regulatory upkeep (taxes, licenses, reviews, approvals to modify, insurance, not as liquid, etc) to be worth the hassle.

If this is true for the rest of the US, my main concern is decentralization. It doesn't make much sense to have the entire population owning your most valuable 500 companies as their main asset. It's a lot easier to shape/control 500 companies than millions of houses.

But maybe I am overthinking this. Is this a valid concern?
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BTCFalk 1y ago

Yust a couple years back I was thinking i could make some $$$$ with BTC and buy a Flat/House (with mortgagee), even if the prices are super high, "because it give's cashflow and they'll go up forever"

Over time that changed from "Yes of course I'll buy a house/flat" to "Why would I buy realestate (or anything else as investment) instead of Bitcoin if the later will suck out the monetary premium of the former and everything else?!!! It'll go up forever Laura!"

I understand if you can buy a house/Flat with a loan so that you pay less monthly for your mortgage then rent would be, then it might make sense in some situations, but you'll probably own less Sats then otherwise

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