Oddbean new post about login | logout https://www.theglobeandmail.com/business/commentary/article-canada-housing-crisis-prices-economy/ Real estate? No. You never actually own it. You can be forced out of your land for unpaid taxes. Never mind that it's a nightmare to hold right now. This is why Bitcoin gives property rights to the poor. No one can force you to give up your Bitcoin.
very true.
You can be forced out more easily in other ways like renting. Banks don’t like to deal with foreclosures, they just want cashflow from the loan (which doesn’t grow with property appreciation). Landlords want their properties back so they can rise rent, and their equity grows at same time.