morpheus on Nostr: #Bitcoin is a much better savings vehicle than real estate I don't know why this is ...
#Bitcoin is a much better savings vehicle than real estate
I don't know why this is so hard for people to wrap their heads around
A house that cost 12 Bitcoin in NOVEMBER 2023 (1 YEAR AGO)
Now costs 4.5 Bitcoin...
If you had sold your rental properties last year, you would now be able to buy 2.5x the houses you would have sold (net of fees)
Eg. If you owned two rental properties and you sold them for bitcoin in November 2023, you can now buy ~5 rental properties!
Why?
Real estate prices will always rise in terms of US Dollars because US Dollars are easier to produce than houses
Real state prices will always fall in terms of Bitcoin because Bitcoin is harder to produce than houses
I don't know why this is so hard for people to wrap their heads around
A house that cost 12 Bitcoin in NOVEMBER 2023 (1 YEAR AGO)
Now costs 4.5 Bitcoin...
If you had sold your rental properties last year, you would now be able to buy 2.5x the houses you would have sold (net of fees)
Eg. If you owned two rental properties and you sold them for bitcoin in November 2023, you can now buy ~5 rental properties!
Why?
Real estate prices will always rise in terms of US Dollars because US Dollars are easier to produce than houses
Real state prices will always fall in terms of Bitcoin because Bitcoin is harder to produce than houses