That Carnegie guy was on to somethinghttps://twitter.com/TheRealEstateG6/status/1224727244267933697 …
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Pros of real estate: - illiquid (hard to spend it), supply-constrained, high level of demand, easily financed, buoyed by inflation, revenue-generating, tax-advantaged Negatives of real estate: - sometimes it's really expensive, pain in the ass sometimes, illiquid
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Robust to change (most classes)
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