Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
Schuyler
on 28/06/2016, 04:37:23 UTC
have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.
Yeah but you need at least 10 BTC i guess to buy an average house. So you need to work hard and put a lot of effort on doing some bitcoin job to earn that amount. I would recommend to you to don't just rely on one source of bitcoin or income try other ways to make your earning  faster Roll Eyes.
10BTC is pretty enough and I can buy a good house with that amount, I don't need to buy a huge house like mansion because I believe bigger house entails bigger expenses, you cannot treat it as investment unless you receive an income using you house.
10 BTC might not be enough, even for a small house. Keep in mind that you still need a lot / land in which you would build your house on. That would also depend on where your location is. Prime lots usually cost as much as twice than regular lots. And you would still need to furnish your house. And the list goes on and on.