Post
Topic
Board Economics
Re: Trade house for 1 bitcoin
by
katrimans
on 28/10/2016, 20:36:29 UTC
House price varies hugely depending on location.

In the city I live, I am very confident that I cannot buy a house with just 1 BTC during my lifetime as the housing price is crazy. A nice 100 m^2 apartment (forget about "houses", which are even crazier) currently costs over 4000 BTC

 Roll Eyes Roll Eyes
How long until we can trade a house for a single bitcoin??

1 year, 2 years, 3 years?? What do you think about it?
It sounds like houses in your country are very expensive indeed. This means that a poor person cannot even afford renting. But I am not sure if you are trying to say $4000 and not 4000BTC. Man, that is a very big money if you consider the equivalent worth in fiats.