Replying to Avatar ODELL

investment real estate is a shitcoin

- can be rugged by local governments incredibly easily

- lack of liquidity, hard to buy or sell quickly

- overvalued due to decades of people trying to escape the losing purchasing power of their shitty money

- will trend to zero when priced in bitcoin

owning your own land is the exception - can still be rugged and will also lose value over time but can provide significant benefits for family security and well being
Avatar
prepare to jibe 2y ago

I think real estate is never really owned. It is rented from the government. So, not decentralized and arguably a shitcoin.

But it has reasonable governance and you can apply force to it. Meaning there are rules and you can work to improve a property. I can’t make shares of apple stock better, but I can repaint an appartement building.

Reply to this note

Please Login to reply.

Discussion

No replies yet.