JaakkoMultanen on Nostr: The only way real estate "makes money" is through the mortgage system, allowing you ...
The only way real estate "makes money" is through the mortgage system, allowing you to get closer to the money printer. Even then you need to be lucky to not have any catastrophic events.
Even if everything goes well over decades, when you also add up all (and I mean ALL) costs over those decades, your money printing advantage dwindles down to much less.
Published at
2024-10-31 08:55:50Event JSON
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"content": "The only way real estate \"makes money\" is through the mortgage system, allowing you to get closer to the money printer. Even then you need to be lucky to not have any catastrophic events.\n\nEven if everything goes well over decades, when you also add up all (and I mean ALL) costs over those decades, your money printing advantage dwindles down to much less.",
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