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2025-02-12 20:25:21

Dan on Nostr: Real-estate. The government loves it to be used as money because it is impossible to ...

Real-estate. The government loves it to be used as money because it is impossible to conceal, easy to tax like hell, and pass taxes on as higher rents.
One thing the state can't do is let real-estate go down in price. It would devastate their gravey train of income they parasitically rely on. The vultures of real-estate are both local and State, witch helps take the spotlight off of the federal theft of inflation.
Its sickening how real-estate has become money. It's exemplified by all the house flipping shows and even house flipping channels. It's tremendously unfair to the huge portion of the population who can't ever afford a house. Most the real-estate investors are barely able to make enough to hedge inflation. Also, carrying costs of real-estate are staggeringly high.
Inflation is the single biggest reason for the completely flawed market for real-estate. It must stop. Printing money must stop.
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