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2025-01-12 06:16:30

Bitcoin Backpacker on Nostr: Home prices rising is NOT a good thing A home provides basic needs like shelter, ...

Home prices rising is NOT a good thing

A home provides basic needs like shelter, safety, and security

When homes are turned into a financial product, the needs of many individuals and families are not met because houses become unaffordable

Most renters don't actually want to rent; they're forced to rent - the cost always rises, they're constantly having to move, they don't get to build memories in their home, etc

The system in which housing is an investment benefits only landlords, governments, and banks - more people are forced to rent because a small group of investors hoards all the homes

Bitcoin fixes this

Society will eventually move to a Bitcoin standard because Bitcoin benefits EVERYONE

On a Bitcoin standard, housing is not an investment - it's a liability that loses 90% of its value every few years

When housing is constantly losing value, do you think investors are going to continue to buy real estate?

This is where game theory comes in

People are figuring out that real estate loses value in terms of Bitcoin

So they're predicting that other investors will sell their houses to accumulate Bitcoin

A house that costs 10 Bitcoin today will eventually cost 1 Bitcoin or less

Real estate investors who understand how money works are moving away from real estate!



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