Scrotus on Nostr: A key difference between Bitcoin and real estate is fungibility. Bitcoins are all the ...
A key difference between Bitcoin and real estate is fungibility. Bitcoins are all the same and the spot price is the same everywhere. Real estate is non fungible, every property is very different, so if you know what you are doing you can aquire real estate below market value, there is no spot. That, (and positive cash flow and certain tax benefits, ((and depending on your situation the custodial/ insurable nature of real estate can be a benefit to some))) are some advantages to holding real estate to bitcoin.
If you are talking about your own residence the other advantage is you can live in and enjoy the property of course.
Both are considered hard assets, Bitcoin is harder but neither can be printed out of thin air. There is a lot of counterparty risk in real estate I would argue.
One final thought is that real estate carries a high monetary premium in most places. This is because fiat is failing faster and faster and, sadly, real estate is a more mainstream store of value than Bitcoin. I expect this to change over time as more people come to the conclusion that Bitcoin is a superior store of value to real estate and then Bitcoin will slowly consume real estate's monetary premium. Well slowly at first, then suddenly. It is already begun but it's noticable only to the few who are paying attention.
Source: real estate broker is my fiat job.
If you are talking about your own residence the other advantage is you can live in and enjoy the property of course.
Both are considered hard assets, Bitcoin is harder but neither can be printed out of thin air. There is a lot of counterparty risk in real estate I would argue.
One final thought is that real estate carries a high monetary premium in most places. This is because fiat is failing faster and faster and, sadly, real estate is a more mainstream store of value than Bitcoin. I expect this to change over time as more people come to the conclusion that Bitcoin is a superior store of value to real estate and then Bitcoin will slowly consume real estate's monetary premium. Well slowly at first, then suddenly. It is already begun but it's noticable only to the few who are paying attention.
Source: real estate broker is my fiat job.