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ITS A SERIOUS QUESTION 😐

156 sats \ 0 replies \ @Lux 22 Jan

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The Real Estate to Gold ratio shows houses cost more than double today's prices 100 years ago.

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Pricing things in gold doesn't really do it for me. 1971 screwed everything up. Very interesting though

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If people realize that they should use Bitcoin as a store of value and not houses.

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10 sats \ 0 replies \ @398ja 22 Jan

If more people realised that it's not that things are getting more expensive, but rather, their money losing value and getting worthless...

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I don't know what you're referring to exactly.

But if you measure it in hard money, the price has been falling for years.

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I think they will be stagnate for a couple of years. The best thing to do is stack sats and beat inflation. I honestly think renting is the best thing moving forward.

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In nominal terms? Never. In real-purchasing-power? It's happening as we speak.

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That's an interesting question, hopefully I have an answer.

I think we all know that the real estate market is in a bubble, but no one knows when it will "burst"

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5 sats \ 1 reply \ @xz 22 Jan

The biggest balloon in the world, like a hot air balloon, only bigger than that.

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Exactly, and it continues to inflate and will probably continue to do so for a while longer IMO...

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been wondering that too, lol

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0 sats \ 0 replies \ @ama 22 Jan

Bitcoin will demonetize housing and real state, but it'll take some time. Before that happens, it needs to (at least partially) demonetize gold and silver, for proprietaries of multiple (some times many, many of them, like funds, etc.) to realize that Bitcoin is a much better store of value.

https://assetmarketcap.com/

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I don’t know but I’m trying to buy a house and that shit pisses me off

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0 sats \ 0 replies \ @xz 22 Jan

I'm with you.

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You got in too late. Just like bitcoin lol

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0 sats \ 0 replies \ @OT 22 Jan

It is going down when you price them in sats.

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if you look at the home price in bitcoin is goes down

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Houses are one of the banks' biggest assets, and I think it will take a crisis like the one in 2008-2012 for that to happen.

πŸ”— statista.com

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