GLACA on Nostr: Had a discussion with a family member about taking on debt to buy a house in ...
Had a discussion with a family member about taking on debt to buy a house in today’s economy. I laid out my perspective: with the financial system in turbulence and a potential crash looming, taking credit right now feels like a dangerous move. Meanwhile, real estate is rapidly losing ground against Bitcoin in terms of value. To me, it makes way more sense to rent and stack #Bitcoin if you have the capital.
Their response? “Well, this is how society works. This is what people do.”
And my reply? “Just because society has always done something a certain way, does that mean we should keep doing it—even when all the signs scream danger?”
What do you think?
Their response? “Well, this is how society works. This is what people do.”
And my reply? “Just because society has always done something a certain way, does that mean we should keep doing it—even when all the signs scream danger?”
What do you think?