Insane that people still chain themselves to overpriced houses with 30-year mortgages at 4%+ interest instead of stacking wildly undervalued #Bitcoin, and renting a sweet place wherever they want.
Discussion
Good advice
People will bite your hand off for 4%
Speaking as someone who did this a long time ago (before Bitcoin), it’s because of kids. When you have a family, most people don’t want to constantly uproot them from their schools, so they try to own a home in the community. In retrospect , I probably wouldn’t even put my children in school if I could do it all over
Deeply ingrained. And for most, they still feel uncertain. But agreed
Fear. We are herd animals and almost no one does this (at least is public about it that they know).
Insane may be pushing it.
Making a choice inherently involves abandoning other things.
Neither renting or owning can be the better option across the board, it varies from case to case.
The same way single sig vs multi sig: the better option is based on individual threat model.
It's 10% and not 4% here.