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fiatdenier | 1 months ago (raw) | root | parent | reply | flag +1 
 Assuming USD is debasing at min 10% per year. You would lose around 65.13% of your purchasing power after 10 years, 87.84% after 20 years, and 95.76% after 30 years.
Saving for 30 years in fiat currency to buy a house doesn’t make any sense
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Sovereign Bear | 1 months ago (raw) | root | parent | reply | flag 
 At the beginning of a fiat standard, before inflation really sets in, you would only need to save for 2-5 years based on the figures I provided, and you could afford a house.

In a Bitcoin standard, there would be ~no inflation and the same would be true too.

The idea that it takes 30 years of labour to buy a house in the first place is very specifically a fiat created problem. A manufactured issue that has become so normalized that almost everyone with a house has a mortgage of that length, because that's the only way to afford it. This only became the norm after the FED started raising rates and inflating the currency.

https://m.primal.net/KuyV.png