How do Bitcoiners view the RENT vs. BUY calculation?
I live in a city with a sclerotic real estate market, and unreasonably high downpayment requirements by law, so renting has always made more sense....unless we can put BTC down as some kind of collateral in the future.
I think it’s a question of lifestyle.
Where do you find more freedom?
For me it is renting and not having to deal with maintenance and other ownership duties.
But yeah, financial calculations also play a role.
I was a renter / sharehouser for years. Never felt right to buy.
Things changed when having a kid.
Decided to sell a little bit of stack for a down payment on the right house to raise a family, and get the house homely to bring my kid up in the same place and not have to worry about a landlord.
Pressing the sell button was one of the hardest things I’ve done in a while.
Zero regrets.
I’m still stacking just not as much as I was.
Still happy with my stack for my freedom in a few years if things play out the way I think it will.
I like the idea of buying a home to live in. Best value is in old houses with a big need of renovation.
But there are many factors to consider.
Rent, rent, until #fiat collapses, then I'll buy real estate – maybe even my own island.
Jokes aside, property in #Switzerland is absolutely out of reach. Even with a substantial #Bitcoin stack, it's just not worth it. I prefer to rent for 3k per month than to be immobile.
Rent. Save in bitcoin with the difference between renting and buying. Option to relocate as necessary when lease expires. Did it for years. Current homeowner.
