Replying to Avatar MrDecentralize

Buying a Manhattan condo sounds prestigious until you realize you’re signing up for never-ending liabilities.

Post-COVID, co-op fees, utilities, and property taxes have surged nearly 80% triple the inflation rate.

You’re not buying real estate. You’re buying a stream of bills.

Now compare that to #Bitcoin:

No maintenance

No middlemen

No surprise costs

No gatekeepers

It’s property ownership redefined self-custodied, borderless, and trustless.

The next generation won’t ask “Where’s your condo?”

They’ll ask “Where’s your key?”
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Jim Smij 7mo ago

what are owners getting for rent? are they losing money?

I keep hearing people talk down property ownership in favor of buying bitcoin...but, where are you going to live? in something you rent or own?

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MrDecentralize 7mo ago

Everyone needs one home to live in.

But buying more than one? That’s where the math stops working.

If you own multiple properties, consider this: instead of stacking liabilities, use your home equity to borrow at low rates and buy an asset with fixed supply.

Smart leverage isn’t more real estate. It’s turning dead equity into #bitcoin.

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Jim Smij 7mo ago

the more real estate I own the more rent I will get. if it's not profitable it has to go, duh. but my plan is for people to pay bitcoin to rent from me.

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Speedster 7mo ago

I had rental properties but they don’t grow in purchasing power as fast as bitcoin, even when you take into account the cash flow/tax savings/capital growth and equity growth. They are also a pain to manage. So i sold them and bought bitcoin, couldn’t be happier.