investment real estate is a shitcoin
- can be rugged by local governments incredibly easily
- lack of liquidity, hard to buy or sell quickly
- overvalued due to decades of people trying to escape the...
I think real estate is never really owned. It is rented from the government. So, not decentralized and arguably a shitcoin.
But it has reasonable governance and you can apply force to it. Meaning there are rules and you can work to improve a property. I can’t make shares of apple stock better, but I can repaint an appartement building.
But it has reasonable governance and you can apply force to it. Meaning there are rules and you can work to improve a property. I can’t make shares of apple stock better, but I can repaint an appartement building.
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