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mcshane | 22 days ago (raw) | export | reply | flag +9 
 friend super excited her house had evidently “tripled in value” 

hard lessons on market liquidity & debasement
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freeborn | ἐλεύθερος | 22 days ago (raw) | root | parent | reply | flag 
 #few
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miron | 22 days ago (raw) | root | parent | reply | flag 
 Cute but wrong. Real estate really is worth if it cash-flows. Real estate investors are service providers.
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mcshane | 22 days ago (raw) | root | parent | reply | flag +1 
 which part is wrong
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miron | 22 days ago (raw) | root | parent | reply | flag 
 Your friend thinking that the price went up in real terms, when it really went in nominal terms. A house is usually a liability as it does not produce an income.
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mcshane | 22 days ago (raw) | root | parent | reply | flag 
 ah yes, agree