ODELL on Nostr: investment real estate is a shitcoin - can be rugged by local governments incredibly ...
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
- 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