Buying a house is more equivalent to
buying a car than it is to investing.
Buying a house is more equivalent to
buying a car than it is to investing.
True 😎
A house is an asset on your net worth ledger and a liability on your cash flow ledger.
It's just attractive as well... Same thing with car.. attraction is equivalent word.. ,😝😝??
Facts! Houses are a durable consumer at best. They aren't very durable anymore though. I'm counting down the days until real estate bros have to take this medicine.
Realizing that my house is a consumer good has been the best thing about owning Bitcoin. I no longer freak out when a kid draws on the floor with crayons. This place is not an investment and I do not expect a return on it. It is a place to live. That is all. As long as my income exceeds my expenses, any excess gets saved in Bitcoin. If something bad happens and my expenses exceed my income, I will sell Bitcoin to cover the gap. That is my financial plan. The whole thing.