That Carnegie guy was on to somethinghttps://twitter.com/TheRealEstateG6/status/1224727244267933697 …
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Replying to @TheRealEstateG6 @rpdunigan
Did he actually make any real estate investments himself? Ironically he seemed to sell a lot more to RE people (steel) than to buy any RE himself
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My favorite disclaimer on investment advice from our friends at the SEC: "Past performance is not necessarily indicative of future results."
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I don’t get it
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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)
6:24 PM - 4 Feb 2020
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