The Cost of Space vs. The Cost of Stuff
I was thinking about all the stuff sitting around my apartment lately.
I thought: The cost of storing all the miscellaneous things around my apartment goes up as rents go up.
What does this mean for all the products people buy on a daily basis?
One early lesson I learned from investing in Collectibles was the: Cost Of Storage.
Even if a Collectible goes up in value, you have to subtract the cost of storing it.
As rental prices go up, space is at more of a premium.
Do you really want or need your valuable space cluttered with things you don't really want or need?
My plan and strategy is to: Sell off my collectibles. The macro-value of things like collectibles lose value as the price of space goes up.
Price Appreciation - Cost of Storage = Profit.
Will my collectibles increase fast enough.
Also: what does that do to the secondary market for people who cannot afford as much space as they used to?
I was bullish on the collectibles market a year ago, but not so much any more.
I am bullish, now, on: living on less space: Move to a smaller apartment. Rent a Room out.
This requires less stuff.