Why Passive Income Is a Dangerous Illusion
The Housing Market Trap No One Talks About
If there's one thing all subscribers to this newsletter share, it's that they are tired of the rat race and want to escape it through investments in assets with the highest possible return versus risk ratio.
In recent years, from my perspective, the concept of passive income has been underestimated. I believe, like Taleb, that it is a drug we need to wean ourselves off of. Let me explain why I firmly believe this.
In recent years, we have seen housing prices reach historical highs. If we review the main macro indicators that measure these prices, we can see the following: