Damus
Marty Bent profile picture
Marty Bent
@MartyBent
A hill I will die on:

Fiat has corrupted markets to such a degree that everything must be looked at as a financial investment, housing being the worst example.

Real estate is a consumable good that provides utility; shelter. And it should be priced accordingly. You can certainly add premium value for aesthetics + location, but it shouldn't be treated as a savings account.

Real estate developing a monetary premium because governments and central banks print it out of thin air has completely distorted the real estate markets.

People should be able to simply save money and not have to invest to outpace inflation, but invest when they believe they have asymmetric information that will provide returns.

Bitcoin fixes this.


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Bitcoin Dawg · 20w
Save in #Bitcoin Live in #Housing It’s not rocket science people https://blossom.primal.net/2b069937474edeca16b2f46f5d9db97741bc7f5650c4d6a16dd27b76f876f646.png
Robertrobert · 20w
Seconded. btw snagged $90 of BDCi today (at Fidelity). 🤝
Globe99 · 20w
Like gold, housing gets sometimes put into this "hard asset" category along with Bitcoin. But one has to keep in mind that on the dimension of portability, it goes Bitcoin >> gold >> housing. Housing ties you up with a 30 year-fixed mortgage (itself a peculiar product of US government intervention)...
Toxic Bitcoiner · 20w
nostr:note14569v0yks4fx8qh32trj6ek4csw85pnek0w4a7ku9nqjdmjcztzqnh2cys
𝐭𝐢𝐠𝐞𝐫 · 19w
gold has pulled in trillions over last few years , but has it managed to pull monetary premium out of houses and other assets? everything bubble suggests not can bitcoin pull monetary premium out of other asset classes if gold failed? 🤔
Benking · 19w
Perfectly said. Fiat broke the world, Bitcoin restores sanity. 🧡
Minister of Finance · 19w
No it's not, you should have to beat inflation or things remain $1 for a hundred years. That's just one thing, this thought is ridiculous
Judge Hardcase · 19w
💯 ... would like to add: the OG source of monetary premium was preferential tax treatment on mortgage interest. i.e. prices get distorted higher when the government is subsiding mortgages. PS. It's also worth noting that the chart comparing housing to the S&P is disingenuously misleading in th...
Jake Woodhouse · 19w
Real estate has a time and place, especially as a primary residence But a “portfolio” of real estate for “growth” is a poor allocation Tool many years for me to learn that
Jonathan · 19w
Just had this conversation with a commercial real estate broker and investor. Most of his colleagues are preparing to become poor he said, and if he was 21 and had to find the same job he couldn't do it today. I've been working on him to move to bitcoin, but it's harder for a rich man to enter bit...
Jamie · 19w
100% agree and hope to see things move in this direction for the next generation. If it does happen, a lot of people will feel pain when the housing market turns deflationary.
Clayton · 19w
Most underrated bitcoin book IMO that sums this up beautiful is Gradually, Then Suddenly
Texas Water HODL · 18w
Agree 100%. I think people are starting to realize this. Interesting to see what the market will do on land prices in the next few years as more folks save in Bitcoin or other financial devices. Although, it seems like states will more freedom will still be receiving political refugees from places l...