wymike on Nostr: Re housing: there are other options to either saving up or getting a loan. In the UK ...

Re housing: there are other options to either saving up or getting a loan. In the UK they have building societies that started as just what the name suggests. Everyone payed in some money each month and when there was enough money it would be used to build a house for one of the participants. This continued until everyone had a house. I’m not suggesting this is the solution just using it to highlight that there are other ways.

To your point about prices, I think this is a reasonable assumption that I’ve heard from @michalesaylor and @jeffbooth, they will fall to the cost of their utility value because they will be less desirable as a store of value.

I’m sure a lot of millennials and gen Z would take having to save for 10 years to buy a house over their current situation.