If I hold a flat in which I live in with my family, is it considered a #fiat holding or “scarce asset”?

Since it’s priced in fiat and it’s price is rising at least the same as the money supply, I tend to see it as a fiat holding. Something I would rather get rid off in the mid-near future in favor to #Bitcoin. 


But.

Since most cities in 🇨🇿 Czech and troughout Europe AFAIK are limiting development of new residental areas making flats kind of a supply-capped assets, I am not really sure. 

What’s your view on this?

#asknostr #grownostr #economy #fiat #bitcoin 

 I wouldn't live my life to catchphrases.  

 Does it hold you back from a freer lifestyle or does it give you independence from a landlord you'd rather not deal with?

If you really want to max bitcoin, could you use it as equity?  

 We currently pay mortgage on it so I am not able to effectively use is as collateral for Bitcoin or soemthing like that. 

But yes, so far it gives us some independence, but our end-goal is to live on our homestead. 

It’s not doable yet, it need some more work and investments, but we’re getting there. 

And I’m just thinking few steps ahead… to sold and buy at least some bitcoin or rent it and improve our cashflow in the fiat terms…

#asknostr 

 I like to view the house where I live as utility, not investment. Specially because it's provide shelter to my family. This kind of thought bring me peace to know if something happens to me, they are not depending on anything else to have a place to live. Different case if was a second house being rent, airbnb, etc.   

 That’s an important insight. Thank you.