Sal Rahman on Nostr: Speaking of housing, for a long time, people have been saying that real estate ...
Speaking of housing, for a long time, people have been saying that real estate speculation is a good investing strategy.
Hell, people included their own primary residence as their investing strategy!
Why? Because a home will apparently outperform the US stock market in terms of total expected return.
Why no one thought that this is unsustainable is beyond me.
Published at
2024-04-16 17:16:31Event JSON
{
"id": "afe6f027c8ba754c598a5cf2ea1f2ffebc7c5e5e6293ad76ae39d1401a2c3f38",
"pubkey": "8a9410482820dc6a8377071cd06f2b2e3eaea24172fcdefc38765d5c129df177",
"created_at": 1713287791,
"kind": 1,
"tags": [
[
"e",
"fce3f771f091fe7e258d650f77786e7f86fb39257292594521c6a792e2954852",
"",
"root"
],
[
"p",
"8a9410482820dc6a8377071cd06f2b2e3eaea24172fcdefc38765d5c129df177"
],
[
"proxy",
"https://techhub.social/users/manlycoffee/statuses/112282028691490724",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://techhub.social/users/manlycoffee/statuses/112282028691490724",
"pink.momostr"
]
],
"content": "Speaking of housing, for a long time, people have been saying that real estate speculation is a good investing strategy.\n\nHell, people included their own primary residence as their investing strategy!\n\nWhy? Because a home will apparently outperform the US stock market in terms of total expected return.\n\nWhy no one thought that this is unsustainable is beyond me.",
"sig": "036eb8c5cecf98342b35c413fcb4d081d7796f3972b7e893a757a37ffb13ebc9f4c3bc54e202cb9903a4c1a70c0fe61b6a48542d555e286e0b4c7bab154ef0bf"
}
