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by triceratops 1379 days ago
Real estate has at least one thing going for it: you can live in a house.
2 comments

Not only can you live in a house, literally every economic activity requires land on top of which you set up your capital and perform your labor. It's not the same thing at all as Bitcoin.
Yes, it's not called "imaginary estate", but even practical things can be speculated.

I'm sure I would pay $500 per month for internet or drinking water for instance, but in general this type of rent-seeking behavior is not good for the economy.