<Say something that everyone doesn't want to say about the industry>

A few days ago, I looked at the discussions in the crypto circle about renting and buying houses.

I am a property buyer and I advise investing in real estate.

However, this is in places like Ireland and Dubai.

I am currently looking into and configuring investments there.

My friends who know me should be aware that I have been saying this for over half a year.

The current situation in Ireland and Dubai is similar.

A booming real estate market, a seller's market.

I personally expect this to continue until the next interest rate hike cycle.

I will liquidate before the next interest rate hike cycle.

Let me summarize the logic:

1. Central areas are limited, and the total supply is finite.

2. Construction costs per square meter are increasing due to inflation.

3. Extremely high rents, with returns ranging from seven to twelve years.

4. Just before the interest rate cuts, the euro has surged against the dollar.

5. Continuous influx of immigrants, population reaching new highs.

6. GDP has been rising, with banks maintaining loose policies and impressive employment figures.

7. War has turned the country into a transit hub and a safe haven.

8. Foreigners can buy directly, immigration policies are favorable.

9. Local residents are indifferent to real estate transactions, most are first-time buyers, and the number of listed properties is at an all-time low.

……

The benefits of buying property are highlighted in these countries.

It's just like China over a decade ago.

Property buyers enjoyed three benefits: rent, property prices, and national fortune.

They took a huge slice of the cake.

Whereas in some countries, everything is exactly the opposite.

For those in the crypto circle:

1. Risk hedging.

2. Family happiness and stability.

3. Stability and anchoring effect on trading emotions.

4. A base for children's future education.

5. A stake in a social base for living.

6. Protection against life's black swan events.

7. Prevention against future tax investigations on crypto earnings.

Recently, I've been busy with various web2 matters.

I apologize for the delayed responses.

Updates will likely be very random.

See you next time.

Good morning, Makapaka.