Damus
Orthodoxtr profile picture
Orthodoxtr
@Orthodoxtr
Houses are primarily for living, not investing. Their main purpose should be to provide shelter and a home, rather than serve as a financial asset. Viewing homes solely as investments can distort the housing market and make homeownership less accessible.

154❀️6❀️2πŸ€™2πŸ‘Œ1πŸ’œ1πŸ’―1
pietre · 64w
I just had this discussion over the weekend with one of my wife's relative. To the point you're making he was like "where else am I supposed to park my money?". To this I said "Bitcoin" and he literally just laughed. HFSP I guess
Repeatedly nuked profile · 64w
This is how it is in Japan. They've been not so solid on other fronts, but on this front they've been solid as. https://www.reddit.com/r/JapanFinance/comments/16t33u1/housing_should_be_seen_as_a_place_to_live_not_an/
Ape Mithrandir · 64w
But if you buy all the homes and create a cartel for fixing rental prices they make one hell of an asset https://www.justice.gov/opa/pr/justice-department-sues-six-large-landlords-algorithmic-pricing-scheme-harms-millions
Soolyβš‘οΈΨ³ΩˆΩ„ΩŠ πŸ‡±πŸ‡§πŸ‡§πŸ‡ͺπŸ‡¦πŸ‡ͺπŸ‡¦πŸ‡΄ · 64w
I never understood it before taking nostr:nprofile1qyt8wumn8ghj7ct5d3shxtnwdaehgu3wd3skueqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrmhwden5te0dehjuum5wghxxusppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsqs6amnwvaz7tmwdaejumr0dsq36amnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46qz8thwden5te0dehhxarj...
JuzHodl · 64w
AmenπŸ™
Time Chain · 63w
In absence of sound money, people will hoard assets. The obvious choice for an individual or family is the domicile. Bitcoin fixes this.
heretic · 63w
I wish the young left wing people could see how much bitcoin can align with some of their ideals. They've been shouting that housing shouldn't be a primary investment vehicle for ages but there's a way to go in educating that bitcoin can facilitate this