Ok sure, but you still need a place to live. So either rent or buy on cheap fiat credit.
Rent goes up, fiat credit inflates away.
BTW rent includes the cost of ownership plus a margin.
"This house was $1.4 million four years ago. Now it's 2.1 million Canadian pieces of paper... It was 300 #bitcoin four years ago. Now it's 22 bitcoin. In four years, this house will be two bitcoin... it's a really bad store of value compared to Bitcoin." — nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe with nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
Discussion
In order to get the credit and buy the house you also need to deposit a substantial sum of money upfront. At least that’s the case in most countries. Say $100k to get the loan. If you rent you could put this money into #Bitcoin. If you buy, this money is stuck in your house. Which one will be the better investment overtime? In fiat terms I would say rent. In #Bitcoin terms it is obviously also rent. This will particularly be the case over the next 10-20 years with the rise of #Bitcoin and decline of Real Estate as an investment vehicle.
This is true. As an investment Bitcoin will always outperform on the long run.
However, a 100K advance in Belgium gets you a 1M house... So the numbers definitly vary depending on region. I believe the average house in Belgium is about 350K so a 35K advance here would be enough for what is average here.