this post was submitted on 20 Aug 2023
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[โ€“] BilboBallbins@lemm.ee 5 points 1 year ago (1 children)

You make good points, and it is a perverse line of thinking. However I do think that homes and land are the only real investments we can make. Not in a sense of trying to make a profit on it, but as something to put our money into.

Houses have not been an appreciating asset since 2008, and the only way to make money off of them in the current market is the buy massive quantities and hold them for decades until inflation does its thing