I disagree. Homes will return to the necessities of space, of function, of design. The value of the materials used to build homes will decrease AND the amount of our productive work applied to housing will go down.

Most people will be able to afford their own constructed home, but they’ll look a lot different than they do today.

Charging rent is mostly leveraging one’s financial strength to afford an experience to someone without that financial strength'S benefit. Sure there might be some instances when people are looking for temporary housing and will seek out to rent a space, but the contracts / financing will be very different than they are today.

Housing - as a concept and as an investment - changes entirely under a sound monetary system.

Agreed. Bitcoin will suck the "monetary premium" out of real estate, making housing much more affordable, but there are plenty of reasons to rent aside from the cost of buying.

Maybe I intend to move to another state soon, so renting makes more sense. Maybe I'm saving up money to buy a house (since without a monetary premium that might actually be possible to do without a mortgage). Maybe I'm at a time in my life where I just want to pay someone to take care of everything so I don't have to think about housing.

What will go to zero is buying houses and doing nothing with them, hoping they will go up in value. Rental housing will probably have a big correction as houses become more affordable, but it definitely won't go to zero.

I might buy a few cars and rent them out in the city.. turo of something like that 🤷🏾🤷🏾 who knows maybe

I’ve had my real estate license for 23 years. We used to say “it’s the only thing they can’t make any more of.” Just as there will only ever be 21 million bitcoin, nobody is going to manufacture a whole bunch of new land. Scarcity makes the value go up.

The number of dollars someone pays for a house may go up and down but everyone needs a place to live, the population is still increasing and they don’t make any more land. The “crash” you speak about will be absorbed by the market in a couple years and after the dollar is debased/re-based everyone will think they made a bunch of money.

I actually pay off my rental properties ASAP, take very good care of them and don’t worry about profit right away but cash flow over time. After 30-40 years of inflation the dollar amounts will be drastically higher, but the value I receive each month will also increase because of scarcity.

I hope we can buy back all the land people from out of town keep buying up sight unseen. Crash the market. Crash it hard.

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?