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A comment on Ethereum Isn't Fun Anymore. Parent comment

Re:Ethereum Isn't Fun Anymore by lmm on Monday February 22, 2021 @07:40AM (#26223806)
> How is that different from any other asset, stocks, land, property. It's all speculation nowadays. Just look at the housing market in London and other places.

This is a common talking point but it's not actually true. 99% of London housing is used for living in.

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Re:Ethereum Isn't Fun Anymore by jobigoud on Tuesday February 23, 2021 @05:14AM (#26235601)
> 99% of London housing is used for living in.

Are they all owners or the owners actually "invested" in a piece of property calculating the rent passive income and the possible increase in market value as part of the overall rentability of their investment?

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Re:Ethereum Isn't Fun Anymore by lmm on Tuesday February 23, 2021 @08:20PM (#26245427)
Even owner-occupiers may be "investors" - plenty of people's retirement plan involves selling their London home. But the houses are being lived in and are therefore providing real-world value, which is the main thing IMO - speculators can toss money back and forth all day, as long as the useful thing keeps happening.
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