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...
Investment real estate has become even more of a shitcoin in the UK recently due to increasingly onerous government legislation relating to the buy to let market here. Huge numbers of landlords are selling up as it is just not financially viable or worth the hassle any more.
A useful reminder that if you are relying on the government not to rug you of your investment assets, then you can never rely on this where the asset you are holding is at their mercy.
The only assets that you can rely on in any real sense are the things they cannot take from you.
Obviously Bitcoin held securely and privately tops this list.
A useful reminder that if you are relying on the government not to rug you of your investment assets, then you can never rely on this where the asset you are holding is at their mercy.
The only assets that you can rely on in any real sense are the things they cannot take from you.
Obviously Bitcoin held securely and privately tops this list.