Post
Topic
Board Bitcoin Discussion
Re: Why buying a home is usually a terrible investment (vs buying bitcoin).
by
NewRanger
on 12/09/2024, 04:54:26 UTC
I'm not saying that owning a house is a bad thing, there are certainly benefits to home ownership. It provides you with a place to live, you can borrow against it,
you can pass it down to your kids, etc. If you just want to have a place to live and call your own then owning a house may be a great idea for you, but don't think of it as some kind of
incredible financial investment because it is not as great as you may think.

It depends on the placement and function, But, for me it is a primary need but if we consider it as the main alternative investment that will move quickly it might not be quite right as you mean above because what happens in the field every time we want to sell an asset like a house, when we need money and want to sell it, it takes time to get a fair price where in any condition the buyer is king and he is free to bid according to the estimated plan he wants. Yes. The average owner will eventually let it go, especially when he needs quick cash. Right now, my view is that it's better to just focus on buying BTC first if we still have some.


That's because the owner of the property you are renting might want to live in there later on.

The point is that paying rent is fine as a temporary solution, but it doesn't give you a place to sleep forever necessarily, even if you have the money to pay for it.

I agree with this opinion, it may be quite relevant to anyone's condition, both those who are married and those who are not. I think everyone has a dream to have their own home even though their current income is only enough to meet their monthly needs because we know that house rental prices are always increasing, especially if the place we live temporarily is quite strategic and this usually happens anywhere.