qarmstrong on Nostr: In 2017, my house was worth 24.6 #Bitcoin. In June 2024 it was worth 6.1 #Bitcoin. ...

In 2017, my house was worth 24.6 #Bitcoin.

In June 2024 it was worth 6.1 #Bitcoin.
Yet when priced in £s, it’s gone up by 47.7%.

For people to afford a home in my area, they would need to save/borrow 47.7% more £s than before. If you save in £s you will afford less over time. #maths