Had a discussion with a family member about taking on debt to buy a house in today’s economy. I laid out my perspective: with the financial system in turbulence and a potential crash looming, taking credit right now feels like a dangerous move. Meanwhile, real estate is rapidly losing ground against Bitcoin in terms of value. To me, it makes way more sense to rent and stack #Bitcoin if you have the capital.

Their response? “Well, this is how society works. This is what people do.”

And my reply? “Just because society has always done something a certain way, does that mean we should keep doing it—even when all the signs scream danger?”

What do you think?

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You don’t outperform the pack by following the pack.

I’ve owned 4 houses. Buying a house is only the beginning of the endless related expenses. Rent, modestly, and buy Bitcoin. In a few years you can live however you want.

That's what I was trying to say. Thx for real perspective

You can buy a house but you're way overpaying for it in bitcoin terms. That said we overpay for everything in bitcoin terms today. Seems like a better choice to rent something overpriced until it's cheaper rather than overpaying for it now?

Ask them if then new 100% that the price of the house was going to come down every year, would they want to buy it now or later?

Good point.