Interest rates are coming down .. Trump is fixing that .. but still .. home ownership is not an indicator of prosperity.. and 65 % ownership is very good .. I mean , there is hardly anything to complaint
Discussion
I have seen this website .. it is grossly misguided! Probably done by someone born after eighties ..
Misguided? It's just data, man.
The idea that we're better off because of fiat is a total joke.
Only 40% of American homes are owned mortgage free, not 65%. It's really easy to find that number. More importantly, those homes are owned by boomers. No one else can afford them due to the divergence of wages and prices. Real inflation in the US in just the past 5 years is close to 30%. Store of value assets like homes have inflated by 200-300%. This is due to fiat money printing and isn't sustainable. In this system, people will never get out of debt.
As you said ..it is really easy to find the numbers .. I can give you data for any case you want to make .. the truth is what we experienced .. personally..
For me .. I wouldn't want to go back to fifties or sixties ..
I can't stop counting my blessings of this modern life !
But you don't need to trust my experience!
Just the fact that ... unpegged dollar gives you option to invest in asset of choice ... is enough... It is literally the definition of #freeMarket ..
If it is pegged to bitcoin then you are giving people a default setting .. not good !