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The other thing is real estate as an investment is different from real estate as a citadel. A home. Real Estate and homes are used as savings vehicles and that's flawed. Bitcoin is better. But you can't live in a bitcoin. Understanding how to use things and how not to is key.
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More than being inflated by fiat, prices are arbitrarily inflated by the state holding so much land off the market. That means it’s vulnerable to a rug pull if those restrictions are ever repealed.
To me, that’s an important distinction between real estate and other goods that are produced according to their costs of development.
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Well, that's the point. It's more hyperbolic than accurate. Real Estate is inflated by the fiat system just isn't a quipy but is more accurate. He knows this. He uses the term for effect. Just not my style. It's great for preaching to the chior but not to outsiders.