Global Feed Post Login
Replying to Avatar Jack Spirko

I am as bullish on bitcoin as anyone but this idea that no one will buy houses to rent out once they understand bitcoin is nonsense.

Different tools to be leveraged different ways. When I buy bitcoin I am in effect selling my fiat for bitcoin it is how I protect my surplus capital.

Real estate you don't buy with you own money you do so with OPM (other people's money) at least in the case of rental properties.

No making money of real property is not going away. Ever.

Also real estate is about to crash, but that doesn't change what I just said.

a7
Art By Leigh Murphy 2y ago

Do you think that the crash will apply to the type of land that many TSP listeners are pursuing as a way to escape the mainstream, like raw rural land?

Reply to this note

Please Login to reply.

Discussion

No replies yet.