The price of houses has outpaced inflation for decades. Why? Because our money is losing value and wealthy people turn to real estate to preserve their wealth. The rich are using houses as a savings account. As they do this, the prices of houses increase. A house that cost $35,000 in 1971 now costs $250,000. The average house today costs half a million dollars. Houses are so expensive, most young people can’t even buy one.
But what happens when a better store of value is discovered?
Wealth will move to the better store of value and the price of houses will plummet. This means lots of wealthy people will lose money in their houses. Your $250,000 house you’re still paying on is suddenly worth just $100,000, or less. On the other hand, houses will be affordable again for the middle and lower classes!
The better store of value is here, and when the spot bitcoin ETF is approved by the SEC, enormous amounts of money will flood into bitcoin. Get ready.