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RE: Real Estate Is A Fools Investment

in #real-estate4 years ago (edited)

Dear #HIVE Owner @chekohler,

A few moments ago, I had a thought about this topic.

Didn't it take such a long, long time for the people to understand about the advantages of Crypto and disadvantages of fiat currency?
Similarly, it will also take a long time for the people to realize that home is a illiquid asset and worth it( i mean they knew it, but they still do give more importance to own a home) and the exceptional case being off-grid houses! Isn't it, Sir?

"they’ve told me about how it’s developed over the last 30 years or so and how it’s become a country of two worlds!"

A thing of the past, Sir. Post 2014, our country has been on a downslide and currently India is TOTALLY DEVASTATED😭😭😭, Sir.

#HIVE🤚from 🇮🇳 to South Africa, @chekohler Sir.

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Yes it's breaking a lot of the old ways of thinking and many people will die before they change their minds, I think the younger generation will see the downside of fiat easier and why crypto is better as well as the ideas of reasonable investment in homes and not over-investing in one asset class versus another.

We're all going to have to come up with new ways of thinking if we plan to build back up from what is going to happen over the coming months and years.

Would you say this is due to Modi and his presidency or was it before he came into power that it was already seeing India on the decline?