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85 sats \ 2 replies \ @orthwyrm 5 Dec 2023 \ on: Will Bitcoin Solve the Housing Crisis? bitcoin
I agree that Bitcoin will eat somewhat into housing's SoV premium.
However, housing's insane valuation is also propped up by low rate mortgages. If the rate is lower than real inflation then it's basically a short position on fiat.
Until normies can take on a 30yr 3% $500k loan to buy BTC, housing will always have that short-fiat premium too.
very true.
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Yep. Really interest rates are still low historically if you take the longer view.
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