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183 sats \ 0 replies \ @k00b 17 Jul 2022 \ on: Would you buy real estate in 2022/2023? bitcoin
I've had this discussion with my wife recently (who is only partially orange pilled).
- the market is overheated for sure - highly, uniquely biased toward real estate as an investment rather than personal usage
- tons of hard to account for risk - interest rates, taxes, neighbors, ordinances, weather, energy prices, etc
- I personally think Bitcoin will outperform real estate
- I personally don't enjoy home maintenance
- debt sucks
That said, we've decided that if we find a neighborhood/house/location we truly believe want to live in forever, and feel like we're ready to, we'd buy. But an investment in real estate seems like a huge headache and I'd rather make stuff and stack sats.
We're also too broke to buy a house - so I might be talking us out of it for that reason alone.