Can yall help me understand how real estate is not a 💩coin?
They aren’t making any more land
No, I cannot.
I just listened to Mark Moss' last YT vid where he calls real estate an asset. In fact he recommended selling bitcoin and buying rental properties. Obviously he has never owned a home that was a money pit.
Real estate is a shitcoin since you have to pay protection money on it no matter where you are. You can't defend the land you live and work on against the state. Before this, real estate/land was actually a pretty solid asset that you could pass on and expand for generations. To be able to root your family in a spot that you own so long as you can defend it is very valuable.
no
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As a coin is shit. As a place to live in is great.
It is when there are too many built but the quality is shit. Like what is hapening rn in 🇧🇬.