Real estate is a consumer good, it SHOULD depreciate in val…
Real estate is a consumer good, it SHOULD depreciate in value over time, especially long term. I don't believe real estate should be seen as a (potentially) profitable investment (itself), unless you are the builder or renting out.
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Disagree. Land is finite. It's an asset.
Land should be as valuable as the things being built on top of it, there should be a strong correlation. If nobody is building (or continuously building), the value of the land should decrease over time. In this way, I don't see land as finite.
Yeah, you have a lot to learn about real estate, my man.
Land/ Real estate isn't a "store of value", just because it is "finite" ;)
Of course. But, in certain scenerios it absolutely is.