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Yes, there's absolutely no reason to use tokens here. It doesn't solve any the problems with the idea, of which there are several. If you want to invest in the
by bradleyjg 9y ago
Yes, there's absolutely no reason to use tokens here. It doesn't solve any the problems with the idea, of which there are several.
If you want to invest in the residential real estate sector the best way to do that is invest in a REIT that owns a portfolio of houses and rents them out. Not buy some shady smart contract token that may or may not entitle you to anything at all legally speaking and has god-only-knows what tax consequences.
Also:
I'm not really interested in having capital tied up in real-estate, but a lot of people are. And it makes sense as a middle ground investment - more conservative than stocks or crypto, but more aggressive than bonds or CD's.
This is laughable. Compare the Case-Shiller index of home prices: https://en.wikipedia.org/wiki/Case–Shiller_index#/media/File:Case%E2%80%93Shiller_Index.svg https://en.wikipedia.org/wiki/Case–Shiller_index#/media/File...
to real s&p 500 prices: https://2us9vjrl2kf1np7bx397xl07-wpengine.netdna-ssl.com/wp-content/uploads/2015/06/sp-500-inflation-adjusted-returns-since-1871-2015-long-term-chart.jpg https://2us9vjrl2kf1np7bx397xl07-wpengine.netdna-ssl.com/wp-...
And consider that real estate is typically owned with quite a bit of leverage while stocks typically aren't.
- oldsklgdfth 9y agoYea, this just sounds like asset-backed securities with central banking cut out.
- alex_young 9y agoDon't your charts prove his point? The S&P chart is logarithmic.
- deleted 9y ago[deleted]