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.