But my point is YOU ARE NOT.
If you are going to spend BTC on a house you'd better be building it from the ground up or at this point you are pissing away money even with interest rates at 7%.
I have done walk thoughs on 500K new builds as bad as they have been for 40 years, they are beyond bad now.
But still I think you are still considerating only the money side of things.
We are talking about “quality of life” improvements that can justify spendatures that you wouldn’t otherwise do.
I agree. quality of life is not measured by build quality. my new house was expensive and not at the quality I would have preferred, but it's on 25 acres of land in the north texas countryside. my quality of life has been vastly improved even though my house isn't as good as the custom home I built in Dallas 13 years ago.
I was convinced of that yesterday as my son and I spent the afternoon cleaning out several of the hundreds of trees I have on my property.
couldn't do that without the bitcoin I put into my less-than house. fortunately, from my equity I replaced the bitcoin i put into the new house, but it would have been worth it to me even if I had been unable to spend and replace.
Would love to visit your ranch in the future. Sounds incredibly good.
Maybe it’s specific to US?
Because for me owning a $500k “dream house” is something of a endgame for me and my family and would dramatically enrich my life.
And yes, even though it might as well plunder most of my stack (not that I am near close to that number) I would still do it and then stack again even though I’ll probably end up with less Bitcoin.
