What is Nostr?
rewolf /
npub1qj8…s7e6
2025-01-10 06:03:30
in reply to nevent1q…5qep

rewolf on Nostr: You're right that it's a lot easier to buy a house with money you'll have decades in ...

You're right that it's a lot easier to buy a house with money you'll have decades in the future than it is now and that that's weird.
The bigger problem is that people own more property than they live in as an investment. I mean it's kind of circular.

#bitcoinfixesthis by being a better investment than property. Investors will start opting for bitcoin instead of property, lowering demand and increasing supply. That bubble will burst. Those holding bitcoin will see price appreciation as housing investment money moves into bitcoin, and many will be able to buy houses with bitcoin.

I don't think we need to make any other laws (like banning mortgages), but just need to promote the best money ever to have existed.
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