Oddbean new post about login | logout I have a few friends who loaded up a few weeks as well, one even dumped some bitcoin 🤪
Oooooooooh really risky move.
It’s their money and they do whatever they want but yeah
Sounds like a terrible idea. Do they think the market is going up from here?
One needed home because his family can’t be fitted in apartment anymore another one is scooping up for Airbnb and office space to rent out
Depends on the location
I mean interest rates are kinda high rn and I wouldn’t sell bitcoin to buy a house in cash
For me both are high, the value and the interest rates. Maybe because I’m just a poor pleb 😁🤷♂️
... Interest rates on what exactly?
Mortgage loans
Why TF would you ever get a mortgage?! Buy the house with cash and sustain it on your own. Fuck them banks.
I bought my apartment with cash back in the days and after years the value of it -20%
Maybe it's because of where you're at.... Mine went up like 400% in the first several years
In the USA yes but still it’s a shit investment
What about Japan? Very inexpensive property, great culture, delicious food and low crime.
USA # 1
🤣 USA # 1 where... 1) The President can arrest their political opponents? 2) A child can be injected with puberty blockers and filled with lgbtqi+ propaganda at school. 3) Taxes sponsor wars around the globe. 4) Regulations have crippled small to medium sized businesses and created subsidy parasitic monopolies. 5) A person is judged by their race, social class, sex rather than the individual they are. 6) Freedoms are eroded daily in the name of safety and/or inclusion. How the mighty has fallen. The USA needs an economic crash to wash away this clown makeup and then I would be happy to return with my investments. Which might be soon!
USA def not #1
Most is these apply to other nations.
USA is #1 leader in what he said above
Not in Asia, but we are even starting to see some of these in Japan.
it has been applied everywhere.
You watch too much news
Yes, too much knowledge through news, podcasts and books. Also just saying "USA #1" is a complete NPC sheople move, at least give some points to backup your claim. Maybe I could agree with you rather than spell out the negative aspects to you.
I’m honestly too lazy. Not even tryna be rude
I have no idea how this thread started with a joke and ended with a serious political debate. 😅 And I’m getting notifications I don’t remember what my contribution to this conversation even was. There is no #1 anywhere. It’s all trade offs and personal needs.
I disagree, there could be some areas where the USA is #1, maybe economy, idea creation, etc?
You disagree with all the points. As I said it’s all trade offs. The US is #1 in a lot of areas. So are a lot of other places.
everybody is #1 in our house/hold lfg/ backed by Bitcoin/#1 performing asset/ Ass/et/claSS/i / SS/diy
I agree with this, because you backed your claim with the hardest asset ever known.
You are not rude, I just can't agree or change my perspective without a substantial counter claim.
Havent been there. Someday
Maybe it's just because it's Chicago. Underdeveloped areas are cheaper and will only go up in value if they're near an overdeveloped area.
In general I guess real estate is overpriced. If person can’t afford to buy a real estate, goes to the bank and takes 30 years mortgage then something wrong right with it.