todmann67 on Nostr: This is why #realestate investing needs to be reframed. One does not invest in a ...
This is why #realestate investing needs to be reframed. One does not invest in a physical structure as if it itself is a financial instrument, the investment is in the going concern that is operating that building in an attempt to profitably sell space. By putting BTC on the balance sheet, the operators can de-financialize the building and treat it as a piece of machinery.
Anything that promises "passive income" is ultimately a rent-seeking job.
Published at
2024-02-04 17:07:40Event JSON
{
"id": "1516e1f81fdbc3332fc53f4b88f8476f746524ec1006ffc24be65116bf92322d",
"pubkey": "99c2d9dedcb5e15375fdf578515ae04e1d12dea736179aa2c13b4f8ac1433568",
"created_at": 1707066460,
"kind": 1,
"tags": [
[
"q",
"9574a43a8445c03ada1f0f25ee3b40be37454cdd10acc2085b2fccc081a356bf"
],
[
"p",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968"
],
[
"t",
"realestate"
]
],
"content": "This is why #realestate investing needs to be reframed. One does not invest in a physical structure as if it itself is a financial instrument, the investment is in the going concern that is operating that building in an attempt to profitably sell space. By putting BTC on the balance sheet, the operators can de-financialize the building and treat it as a piece of machinery. nostr:note1j462gw5yghqr4kslpuj7uw6qhcm52nxazzkvyzzm9lxvpqdr26lswzkyft",
"sig": "2a5885c5562132d49c1d83a74c8501f18dc8a63fe729c4bf7839271f15701b156e2e9a03bf451ecd14c0649c7af27e0ea6474c497e77ca277ff5e3e7cc3fa4ce"
}