jdoge on Nostr: CAN’T SAY I DISAGREE WITH YOU - AND I HAVE MADE INVESTMENTS INTO REAL ESTATE… ...
CAN’T SAY I DISAGREE WITH YOU - AND I HAVE MADE INVESTMENTS INTO REAL ESTATE…
HOWEVER I HAVE ALSO NOT OVER-LEVERAGED MY REAL ESTATE AND AS SUCH I AM IN A GOOD SPOT SHOULD THE VALUE OF THEM SUDDENLY DROP BY 50-70% HELL EVEN IF THEY DROPPED TO ZERO I WOULD MAKE IT DUE TO BITCOIN
THE REAL PROBLEM WITH FALLING REAL ESTATE VALUE IS ALL THE PEOPLE WHO USED THAT INCREASING VALUE TO PAY OFF OTHER DEBTS DUE TO THEIR OVERSPENDING WHICH WAS ENCOURAGED BY THE GOVERNMENT IN THE WAY UP AND WILL NOW BE EFFING THE MAJORITY ON THE WAY DOWN
HOWEVER I HAVE ALSO NOT OVER-LEVERAGED MY REAL ESTATE AND AS SUCH I AM IN A GOOD SPOT SHOULD THE VALUE OF THEM SUDDENLY DROP BY 50-70% HELL EVEN IF THEY DROPPED TO ZERO I WOULD MAKE IT DUE TO BITCOIN
THE REAL PROBLEM WITH FALLING REAL ESTATE VALUE IS ALL THE PEOPLE WHO USED THAT INCREASING VALUE TO PAY OFF OTHER DEBTS DUE TO THEIR OVERSPENDING WHICH WAS ENCOURAGED BY THE GOVERNMENT IN THE WAY UP AND WILL NOW BE EFFING THE MAJORITY ON THE WAY DOWN