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Yes. I need a place for my family but it’s a BAD investment, don’t be fooled!
I priced out my house and then the value it went up in fiat price (68% increase since we bought in 2015), BUT adjusted for inflation only went up 10%, AND that is offset by taxes, repairs, maintenance, time, etc. So I’m net negative %25 in real terms. NOT up 68%.
Now compare that to if I had that money in Bitcoin. Bitcoin was up 19,000% since i bought in 2015!!!!
Note: I used 25% as the cumulative fiat inflation rate since 2015. In real terms we know it’s even higher than the government numbers
0 sats \ 1 reply \ @joda 9 Feb
You would have needed to pay for rent though (of course in retrospect you may have chosen a tent and Bitcoin rather than rent and no Bitcoin)
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Rent is WAY cheaper when looking at total costs. Repairs, taxes, etc
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