The closer I get to the physical real estate market, having done a deep dive for a family home lately
The more obvious to me it is that unless you can leverage, it's a total waste of time
As a Bitcoiner, one wants as little money down in the investment as possible, with the ability to carry debt
Some of the numbers floating around are just mad
Utterly mad
Yeah man.
Bitcoin + RE as mortgage collateral would be ideal.
Selling Bitcoin to buy RE is not a good financial decision. It might be a good lifestyle decision but you will always know what it cost you in Bitcoin.
These days home ownership to raise a family is a challenge…….
Being diligent at one’s craft, and saving in #Bitcoin makes home ownership possible…….
#Bitcoin will suck out the monetary premium out of home ownership and return it to its utility value…….
Yes, they are over-valued in today's dollars let alone tomorrow 's Bitcoin.
It's affordable now only because of Bitcoin. But for the masses without Bitcoin it's still not affordable.
To me this means those prices have to come down so much.
It's like a reverse Hyper bitcoinization as each house buyer wakes up to how bad a house with monetary premium purchase is.
Think about buying land in a prime location, build your own house. If you do it right, then cost of land / build, you could atleast double your money maybe more. Once built mortgage against it. Buy bitcoin with cash. Basically you get the house for free and you get bitcoin to show for it. 😎
Buying a house traditional sense makes no sense, but we don't know any different, there is always a better way. ✊✊✊
