Good point. It also depends on where you live. Some regions are just very hostile to renters
Cool. I appreciate both your comments. For me, I will wait until I can just borrow from #btc then used that to get the right house.
What do you mean by borrowing from btc?
There will come a time in the future that you can use your #bitcoin as collateral and since the value of bitcoin is going up against fiat the amount you borrowed from your #bitcoin will be negligible by that time.
I see. You could take a load for example in 300K USD with 10 BTC. The assumption that the price of BTC against fiat is always higher than fiat interest rate.
Yep. That's what I meant.
I think as fiat breaks down more and more places will become that way. The renters will get screwed as they continue to get stripped of their money. And most owners will feel like they are getting screwed because they continue to lose cash flow. It's neither fair nor representative of the system we wish to live in.
I wish renting a house is as easy as renting an EC2