Proofofworkau on Nostr: Everything will get cheaper in Australia when saving in Bitcoin In late 2024, for the ...
Everything will get cheaper in Australia when saving in Bitcoin
In late 2024, for the first time in Bitcoin history, an Australian home valued at $977,000 AUD was priced at just 9.42 BTC.
High-value properties are now being valued in single-digit Bitcoin.
While on the flip side, Australian real estate to income ratios are now above 10 to 1!
Since the GFC in 2008, home to income ratios in Australia went from 4.9 : 1, to 7.21 : 1 in 2014, exploded to 10.11 : 1 in 2021, and is now sitting flat 10:1.
If history repeats, the best way to save and own a home in Australia is via a Bitcoin savings strategy.
In late 2024, for the first time in Bitcoin history, an Australian home valued at $977,000 AUD was priced at just 9.42 BTC.
High-value properties are now being valued in single-digit Bitcoin.
While on the flip side, Australian real estate to income ratios are now above 10 to 1!
Since the GFC in 2008, home to income ratios in Australia went from 4.9 : 1, to 7.21 : 1 in 2014, exploded to 10.11 : 1 in 2021, and is now sitting flat 10:1.
If history repeats, the best way to save and own a home in Australia is via a Bitcoin savings strategy.