I'll never get the chance to with money being so fucked now. I'm lucky I even have one, let alone an extra to rent out...
Housing is directly linked to money printing.
Everyone's interest rate is the rate at which new money gets printed and money getting devalued.
Its a juggling act.
I've been juggling my whole life.
Would love a shot at it.
Of your a bitcoiner, you may. But the answer is clear on housing. In a bitcoin standard idle capital will not be parked in a costly depreciating asset (liability when you input tax, insurance repairs and litigation)
Me, a bitcoiner? I wish...I can't afford to stack. I had to sell the $19 of sats I did mange to skim off my pay, for dinner yesterday. Not sure about tonight. Probably chemical filled food. Box Mac&Cheese with hotdogs most likely...
If housing is a depreciating asset, what happens to the housing market for regular everyday people on the bitcoin standard when it takes over eventually?
Just SOL? Go homeless?
I think housing gets cheaper. It will be used to live in vs invest in.
Are you in the US?
🤔 that would make housing ALOT cheaper.... just not sure if it'll be fast enough to keep massive amounts of people from going homeless as we transition.
Yes. Michigan.
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At first I thought you were talking about a girlfriend but then it went sideways. It took the second paragraph to figure it out
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