I wonder if one of the last phases of the wealth transfer will be property.
Discussion
Likely will happen to some degree but many boomers only own one house and won’t trade it for Bitcoin.
I wouldn’t be surprised if in a decade or so global real estate has lost 2-10% of its monetary premium to bitcoin.
That property may be closer to 0 than 2.89 trillion, if nobody wants to buy it. And the more people want to buy bitcoin, the less want property. I certainly ain't buying property any time soon. I actually sold my last one not too long ago.
