The Coin Files on Nostr: Real estate is a depreciating asset, with prices rising due to artificially created ...

Real estate is a depreciating asset, with prices rising due to artificially created demand from a combination of bureaucracy and gatekeeping, and it being perceived as a store of value and a hedge against inflation.

The excess value over utility is the monetary premium attributed to it. However, real estate is complex and costly to maintain.

As more people understand #Bitcoin, some, if not most, of this monetary premium will likely shift into Bitcoin.