Thread

I think he's actually onto something very intelligent

He's nailing it imo. I purchased my house for ~$100k but it's equity has already surpassed my remaining obligations. If you assume the loan is dollar based then it's likely there's more real value in the property than the loan. If you want me on a 50 year Bitcoin denominated loan, GFY.

These things really don't help the poor. A home where i live they start at 800k most homes in the usa start at 500k 800k Today 100k gets you a house like in a neighborhood where they sell crack and all kinds of stuff. Ill rather tale my down payment and pay my rent for the whole year and live rent free for a whole year with now home owner responsibilities. But thats just me.

Need to get you out here in the sticks of Kentucky, you'll be living real nice with the cost of living comparison Completely get the point of home owner responsibilities, those just suck regardless 🤣

You see, that's what a lot of people chase is the equity. They don't realize that being a homeowner is work.

are you all aware of the only "SCUFFED REALTOR", he whips them all https://m.youtube.com/watch?v=FzkFqrf8Myk

Yeah, that's really true. I've been lucky on the market timing for my example too but anytime someone wants to loan me dollars I have to consider it over a long horizon. Those things seem destined for the dumpster.

Remember that the only way to pay the enormous debt is to devaluate the currency. Things are not static.