Oddbean new post about | logout
 Everyone complaining about  housing affordability, just wait till they find out no one will subsidize #Bitcoin for them. And I say that as a veteran with a VA loan.


nostr:nevent1qqsqgwvfr53h9qvj66hrtyfly64knakz235f5qddlykzrzw903lw2tspr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8srqsqqqqqpw8f059 
 Save in #BTC and life becomes as God intended for you … https://image.nostr.build/45f669fc17be50f681250154fce026f2557aeffa9339178e38d8bd8ddba4fd0d.jpg  
 Yes, but the price of homes with sound money drops. 30 and 40 year mortgages at 2%, VA, fha, usda, and so on, all go away. 

Prices should fall the older a house ans higher maintenance it is, like a car. Sure there are supply and demand factors, but overall they are a liability and should fall accordingly as they get outdated. 
 Wait until all the “real estate is a forced savings account” believers begin to see their net worth bleeding away. Painful.