Imagine thinking you own your house.
Discussion
That's what always gets me about people who say to buy a house.
No one buys houses. They buy a death pledge and a license to live in a house.
yes…im getting very close to convincing my bride of this
it’s makes sense if you are certain you really, really want to live in that area for the next 10+ years (doubly so if you have kids), but otherwise nah
otherwise shits a scam
Fax
In the past, I understand the average person getting a house with some debt, that they pay off in a reasonable timeframe and end up with more net wealth, but everything today is so tremendously skewed that it’s nearly impossible to value anything accurately
For as many of the next few cycles that we can hold sats instead of property, has more of an impact on our future ability to acquire property than I think most of us can imagine (except maybe our friend Mr nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe - he seems to have a clear picture on this one 😉)