real estate / land
The real estate landscape has changed so much that only land is not what it used to be 20 years ago. The problem is now you can buy a piece of land or a home as a property to possibly use later or get some income from as an income property and they can change the rules on you after you've purchased the property which is happening more and more. Then never used to be the case. They used to grandfather you in if they change the laws but now counties and City governments don't hesitate to put new rules on your property and stop you from being able to use it for what you paid money for it to be used for and you're stuck with the mortgage or whatever or your money's tied up in that piece of property which is become a lot less useful than it was when you bought it. That's the big problem with just owning land yourself now. I have invested in land but I've done it through a couple of REITs that literally just invest in land and the beauty of that is they basically track the land value very specifically but of course if you want to sell Peoria to stock it's a 30-second process rather than putting a piece of land on the market and trying to sell it.
you're not wrong, those are certainly real scenarios, but the question was was is an inflation hedge. land and real estate still remain the best hedge. as we can see from the rising prices in the past 2 years.
all the issues you pointed out are totally and completely valid, but if you find real estate that is in an area with no HOA or a shitty local government that would increase the value even more, no? investors and ppl in general go where they are treated best. it's not easy to spot these locations, but if you identify them they can be a great investment.
"go where they are treated best."
I love that guy. Great advice and really opened my eyes to new possibilities before the fake pandemic shut down.
rare hitlers
I can see the market.
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