| ▲ | 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. | ||||||||
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| ▲ | bloppe 2 days ago | parent | prev [-] | |||||||
Way less liquidity and way more administrative overhead, but sure | ||||||||