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 Modern day monopoly in play: 
👇🏼👇🏼👇🏼👇🏼👇🏼

#bitcoiners can hate on real estate all day long. 

Here are the numbers for a duplex I own in the Midwest 

Gross rents: $3190
PTIT: $1297
PM: 6% 
Maint: 15% 
Vacancy 5%
Utilities: 1% 

Total expenses: $2160

Total cash flow: $1030

Add deprecation + tax write offs and you have what is called a money udder 🐮

Cash flow (#fiat) ➡️ #bitcoin 

https://m.primal.net/Leav.jpg 
 Housing should never have been monetized, though

RE is a hard asset, so Bitcoiners shouldn’t hate on it so hard, but too many inferior assets have been monetized that shouldn’t have been.

In addition to taxes and insurance, the maintenance costs can be highly variable and uncertainty (not great for an asset).  Additionally, not very liquid and higher slippage when selling.

RE has its place, but Bitcoin SHOULD lead to a demonetization of real estate moving forward.

Lastly, you need to consider total returns, not cash flow or money udders. Cash flow lulls people into a false sense of assurance, imo. 
 How much real estate is in your portfolio 
 I only own my primary residence, so very very little.

I think it’s a better asset if you’re able to reduce costs and maintenance via your own handyman skills.

I have a buddy who lost a lot in stocks, but is a journeyman level handyman.  My advice to him was to pretty much go all in on RE because he has an edge there, rather than gambling in stocks.