• newIdentity@sh.itjust.works
    1·
    9 months ago

    There is this popular misconception that real estate “is forever, like diamonds”, that its value can only go up…

    Diamonds aren’t even that rare. The only reason they’re that expensive is because of marketing and corruption.

    • jarfil@lemmy.world
      1·
      9 months ago

      Indeed, that’s why I chose that comparison. Both diamonds and real estate are expensive because of marketing and corruption.