pull down to refresh

Buy or rent a property?
56 sats \ 7 comments \ @Bitcoiner1 1 Oct econ
I'll eventually reach an amount of SATs big enough to buy a property.
Today, I'm not sure how I will behave when this time arrive...so, I'm asking for your opinions.
Will you sell SATs to pay a property? Or will you go for the renting path?
My dream always has been to have a small house with a tiny garden...but, I can't find any good reason to sell SATs.
Have you been in a dilemma similar to mine?
write
preview
related posts
0 sats \ 0 replies \ @ivncastellano 1 Oct
Keep renting that way no one can take it out from u
reply
0 sats \ 0 replies \ @Undisciplined 1 Oct
What's the point of your bitcoin, if not to achieve your dream?
reply
0 sats \ 0 replies \ @Bitcoiner1 OP 1 Oct
There are many factors involve:
  • Taxes for selling SATs.
  • Taxes on the property.
  • Anchored to the location.
  • The feeling of regret when BTC reach a higher level.
On the other hand, if you're a tenant:
  • you need to follow the landlord rules.
  • paying rent every month.
  • almost impossible to rent your dreams home.
  • but, you're free to move to another location or home almost every year.
reply
0 sats \ 0 replies \ @zapsammy 1 Oct
buy how? rent how?
the underlying fundamentals are trusts and contracts. study those, and it won't matter as much which option (rent or buy) you choose to pursue, because you will be truly free.
reply
0 sats \ 0 replies \ @TomK 1 Oct
In Europe demografics are getting worse. I think RE enters a secular bear market. So I would rent to be flexible as taxes will explode too
reply
0 sats \ 0 replies \ @fm 1 Oct
My dream always has been to have a small house with a tiny garden
Go for your dream as long the price of that is rigth Bitcoin is a tool. no need to be the biggest holder in the cemetery.. If you plan to live in such house for a long time, buy.. and start holding again
reply
0 sats \ 0 replies \ @Satosora 1 Oct
Depends on your life situation. Not everyone wants to have a place that they want to maintain.
reply