As a hedge for tech I have been doing up and flipping houses: I agree with OP mostly for the long term but you can make a few 100k on the side in the eu by flip

As a hedge for tech I have been doing up and flipping houses: I agree with OP mostly for the long term but you can make a few 100k on the side in the eu by flipping if you have cash. I personally hate renting out and having guests which is what most people do here; I buy for 50k, do up for 20k and sell for 200. Holding on is lame unless you live in it imho.