this post was submitted on 09 Apr 2026
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[–] 1dalm@lemmy.today 12 points 23 hours ago (3 children)

This is my go to evidence that the whole beliefs that real estate values always increase is absurd.

If real estate prices always increase, even modestly, then an apartment in Rome or Paris would cost hundreds of trillions of dollars. Obviously that's not the case, and since land speculation isn't exactly a new thing, there is a correction somewhere.

[–] pticrix@lemmy.ca 3 points 14 hours ago

what's the euro to sesterce exchange rate these days?

[–] xkbx@startrek.website 9 points 22 hours ago

it’s balanced out by the fake estate business

a true yin to its yang

[–] Kirk@startrek.website 5 points 21 hours ago

On the flip side if you invested in the equivalent of the Roman SNP500 you'd indeed have a gazillion denariuses.