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I used to believe real estate was the ultimate savings account for middle-class families. Then I realized: - Property taxes never end - Maintenance costs never end - Zoning changes can destroy value overnight - You need political permission to own it Bitcoin is better property. ⚡️⚡️⚡️
2025-04-28 19:22:57 from 1 relay(s) 2 replies ↓
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And, on top of all that, property tax rates and "assessed value" (what a joke that is!) can flip by 100% or even 1000% at any moment, and you never know when they will try to earn some Soros or "woke" brownie points and decide to build "low income housing" across the street.
2025-04-28 20:18:12 from 1 relay(s) ↑ Parent Reply