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69 sats \ 2 replies \ @BitcoinIsTheFuture 9 Feb \ on: Do you own your home? econ
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