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dist-epoch 2 days ago

If you only care about inflation, real-estate in desirable locations is also inflation-proof. You can't print more land in San Francisco, London or Hong Kong.

dotancohen 2 days ago | parent | next [-]

Clearly crypto is more accessible to more people than is San Francisco, London, or Hong Kong real estate.

virgilp 2 days ago | parent | prev | next [-]

Yeah but you can also have a disaster strike in that place (say, a nuclear accident) that will obliterate your real-estate value. Or general society changes that will make a city much less desirable (see the "rust belt"). Of course, nothing is without risk - so in that sense, it's not surprising that real-estate has risks. But that's what I wanted to underline, nothing is "inflation-proof". There's no guaranteed way to preserve wealth (much less increase it). None.

fpoling 2 days ago | parent [-]

While there is no bulletproof way to preserve wealth real-estate is one of the most sound one compared to others. A nuclear accident can be insured and general social decline happens over many years or even decades that gives plenty of time to react.

bloppe 2 days ago | parent | prev [-]

Way less liquidity and way more administrative overhead, but sure