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Real Estate is very interesting now. Higher interest rates are having an affect. But, I read that there is still a shortage of housing. Seems to me that what we are going to see is in the home markets more people will be renting and investors will be buying what only they can afford. Very curious to see how it pans out.
People need a place to live. If they don't have the cash and they can't afford the payments they will be forced to rent. To me, this seems like a great time to get into rental props. Once the market bottoms out that is. Rentals as an income stream more than an investment. More as a true business vs. a place to park your money.
This is where I think bitcoiners get it wrong. I agree that bitcoin will eat the prop investment market but people need housing so there will always be a market for housing. Its gonna be very different though. Not sure how it will pan out but like in many areas bitcoiners like to over-simplify a complex market. Stay curious and skeptical.
Question is if Your real estate investment will hold pace with BTC growth rate. My mother owns some larger hostals and believe me: the net ebitda may be between 5-10% in a good year. And it makes a lot of work. She is 76 now and working with her little team like hell to fight the effects of higher taxation, vandalism etc etc
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No argument here but if there is a need/market it will be filled by someone or something.
I mean, bitcoin beats everything...
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Yes, You're right.
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In case anyone was wondering - EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternate measure of profitability to net income. By including depreciation and amortization as well as taxes and debt payment costs, EBITDA attempts to represent the cash profit generated by the company's operations.
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Not a EBITDA fan. In an age of easy debt seems to reduce visibility of debt. I'm no expert but that's how I've understood it.
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No way it will keep up with btc. Sell everything and convert to coins
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