Quote:
Originally Posted by maskedmelon
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The dirty dollars that you use to purchases houses have been devaluing at a rate of about 7% per year on average for the last several decades. As a scarce asset, housing tends to hold its value better than fake notes printed by pernicious entities. This means that a house selling for $200k ten years ago will command a price of roughly twice that today even without an increase in demand precipitated by investors looking for a place to park the rotting dollars dumped on the market since March of last year.
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all the more reason to ban real estate investing.
08-02-2021, 02:22 PM
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