I would like to thank you all for the positive feedback on my last podcast. The topics of Bitcoin and #realestate fascinate me.
I will be publishing a series of papers on the topic this year.
Discussion
Make real estate real again 🙌
Hey nostr:npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9 !
While listening to some of your recent podcasts I've encountered a contradiction in the following three Bitcoin narratives that I can't solve by myself right now. At least it seems contradicting to me 😅
I'd be glad if you could help me out or guide me to an article where you've written about it:
#1 Fiat society has begun to abuse houses as store of value, so the price of real estate has grown disproportionally compared to wages and so the price doesn't anymore reflect the true usecase of houses: living inside of a warm place.
#2 The cost of houses has not been going up over the last decades if you adjust for inflation.
#3 In our parents' generation it's been possible to save money and buy a house on credit for a single wage family.
So where's the misconception here? Or am I mixing things up?
Is #3 just a fairytale made up to orange pill people? Or is #1 maybe not a new phenomenon but has been the case since modern fiat money exists? I hope you understand