Oddbean new post about login | logout Keen to hear how other #austriches keep a low time preference when every conversation appears to be about loading up on property and material wealth curation!
I don’t listen to the noise and just keep stacking!
Loading up on property is just levered shorting the AUD, and buying land in arguably the nicest, safest country in the world. It’s a pretty good long term strategy if you’ve got the cash flow. Property investors are hard asset maximalists, most of them just don’t know it 🤷