Real estate is the most durable investment. A plurality of wealthy people became so via real estate.
It is also reasonably resilient to inflationary dilution.
I'm fortunate to be still earning. You could spend your life building a small nest egg and paying off a home to retire in and have it just litigated right out from under you.
Your argument is "time marches on" but then what value in saving and accruing capital? It's all short sighted transactional consumerism or bust. That's no way to live.
It is also reasonably resilient to inflationary dilution.
I'm fortunate to be still earning. You could spend your life building a small nest egg and paying off a home to retire in and have it just litigated right out from under you.
Your argument is "time marches on" but then what value in saving and accruing capital? It's all short sighted transactional consumerism or bust. That's no way to live.