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A particular weird type of assert that obsesses people of a particular generation. Enthusiasts of this investment evangelically promote it to other people to pump up the value of their portfolio, but it is a risky game for newcomers. The total supply of the asset is fixed. There is no chance that newcomers can buy at the crazy cheap prices of the earlier generation. If you buy in now, you will need to concentrate your savings in highly leveraged and risky investment. But you mention this fact to the enthusiast and they simply continue to boomersplain it to you. Yes, we are talking about *real estate*.
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