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2024-04-16 17:16:31
in reply to

Sal Rahman on Nostr: Speaking of housing, for a long time, people have been saying that real estate ...

Speaking of housing, for a long time, people have been saying that real estate speculation is a good investing strategy.

Hell, people included their own primary residence as their investing strategy!

Why? Because a home will apparently outperform the US stock market in terms of total expected return.

Why no one thought that this is unsustainable is beyond me.
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