> Real estate is a shitcoin with maintenance.

ah yes, speak LLM to me sir.

denlillaapan

Nailed it. Real estate is a shitcoin with maintenance.

‎Returns last 20y were mostly fiat debasement + cheap debt + tax subsidy, not actual economic value. As soon as UK pulled the BTL perks in 2015 and rates went up, the ponzi shows.

‎Illiquid, local, taxable, tenant risk, regulation risk. You can't take a house across a border.

‎Bitcoin is savings in a house with no roof to fix, no tenant, no council.

‎#Bitcoin #BTC #Money #Fasuchem #Chikasun #Chikasunbeats #Business

Stacker_Stocks

econ

Does Residential Real Estate Have an Investment Future? (FT, James Pickford)

Nailed it. Real estate is a shitcoin with maintenance.
‎Returns last 20y were mostly fiat debasement + cheap debt + tax subsidy, not actual economic value. As soon as UK pulled the BTL perks in 2015 and rates went up, the ponzi shows.
‎Illiquid, local, taxable, tenant risk, regulation risk. You can't take a house across a border.
‎Bitcoin is savings in a house with no roof to fix, no tenant, no council.
‎
‎#Bitcoin #BTC #Money #Fasuchem #Chikasun #Chikasunbeats #Business