As Bitcoin absorbs the premium that
#realestate
has accumulated over decades of inflation, the attitude that "houses always go up in value, it's a safe bet" could be corrected to "houses are potential liabilities" and “
#bitcoin
will always go up in value, it’s a safe bet”.
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@leonwankum
Agree... yet timeframe is something to be discussed though. I think, sadly, it would take about another 100 years for people to think so
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@pctbtc
Yes, very hard to predict! Might happen sooner than we expect. As Millennials and GenZ have pretty much been “priced out of real estate”.
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@leonwankum
Remember Gresham's law. After the next halving,
#bitcoin
will become the hardest asset.
We will see inflows coming from real estate, bonds, stocks and other assets.
"Just" 10% of all assets would represent a 90 trillion market cap. That alone would be a 180X
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@leonwankum
Houses are always liabilities, every home owner should consider this. Pink glasses off.
And: The moment tenants will realize house prices stop growing forever (f.i. because of rotating property to btc) they will lose their appreciation for everlasting raising rents.
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