mrjakewoodhouse on Nostr: There's a few ways of looking at it Housing one's family is a big deal, and needs ...
There's a few ways of looking at it
Housing one's family is a big deal, and needs investing into both financially and emotionally
The hard part is knowing that the kind of house you need now, vs 5 years time, vs 10 years time, vs 20 years time, is always different
So does that mean by and sell 4 times?
That friction cost is so high, any fiat gain you might make is gone, plus it's an opportunity cost vs more Bitcoin
My initial note was a gripe on even entering the market though
House price ratio to income is just out of control
Housing one's family is a big deal, and needs investing into both financially and emotionally
The hard part is knowing that the kind of house you need now, vs 5 years time, vs 10 years time, vs 20 years time, is always different
So does that mean by and sell 4 times?
That friction cost is so high, any fiat gain you might make is gone, plus it's an opportunity cost vs more Bitcoin
My initial note was a gripe on even entering the market though
House price ratio to income is just out of control