The private purchase of a house for a bitcoiner makes sense if you have so much money that it is worth the luxury. In principle, renting is always cheaper over the longer term than buying a house. In addition, it makes sense, as we as Bitcoin probably agree, to invest in the best performing assets of all time and to remain flexible.
434 sats \ 3 replies \ @SimpleStacker 29 Dec 2023
One of the risks of renting is that you get priced out of your own rental market. One of the benefits of owning is that you lock in your housing cost, especially if you used a fixed rate mortgage. So it could be much cheaper over the long-run to buy than rent, and thi seems especially true in an inflationary environment where endless fiat chases scarce assets
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394 sats \ 1 reply \ @Undisciplined 29 Dec 2023
Partially, but insurance and property taxes both rise in an inflationary environment.
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366 sats \ 0 replies \ @TomK OP 29 Dec 2023
Oh yes they do!
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31 sats \ 0 replies \ @TomK OP 29 Dec 2023
Aaaand I forgot this
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