/biz/ - Business & Finance

>>51623839
> 2.85%, 30 year, fixed
> similar house next door is sold this week for $175K more than what I paid for in 2021
> renting a 2 bedroom cuckshed is more expensive than my mortgage

>>49426550
1970s
> Recession
> Great Inflation
> High Gas Prices
> Sky High Interest
Prices only went UP, UP and UP
> Year |Increase| Interest Rate
> 1971 | 6.69% | 7.54%
> 1972 | 14.51% | 7.38%
> 1973 | 16.44% | 8.04
> 1974 | 9.41% | 9.19%
> 1975 | 10.75% | 9.05%
> 1976 | 10.44% | 8.87%
> 1977 | 13.41% | 8.85%
> 1978 | 14.34% | 9.64%
> 1979 | 6.10% | 11.20%
> 1980 | 6.07% | 13.74%
> 1981 | 6.02% | 16.64%
> 1982 | 1.70% | 16.04%
> 1983 | 6.01% | 13.24%
> 1984 | 5.27% | 13.88%
> 1985 | 8.64% | 12.43%
> 1986 | 9.45% | 10.19%
> 1987 |17.37% | 10.21%
> 1988 | 2.15% | 10.34%
> 1989 | 9.57% | 10.32%

>>49387698
> RENTKEK COPE
bought a house for $400K in spring 2021 with crypto gains. comparable houses in the area sold for $580K last week. still not inventory, prices still going up. Apple and Google opening campuses in town. Epic games building headquarters 5 mins walk from house. Easily will be $1MM by 2028. Have cash to buy another house if housing market tanks but historically housing only goes up and up despite interest rates. In 90 years, there has been a -20% housing crash ONCE. ONCE in 90 years and 2006-09 prices are dirt cheap now so whoever bough is in huge profit.
> Year |Increase| Interest Rate
> 1971 | 6.69% | 7.54%
> 1972 | 14.51% | 7.38%
> 1973 | 16.44% | 8.04
> 1974 | 9.41% | 9.19%
> 1975 | 10.75% | 9.05%
> 1976 | 10.44% | 8.87%
> 1977 | 13.41% | 8.85%
> 1978 | 14.34% | 9.64%
> 1979 | 6.10% | 11.20%
> 1980 | 6.07% | 13.74%
> 1981 | 6.02% | 16.64%
> 1982 | 1.70% | 16.04%
> 1983 | 6.01% | 13.24%
> 1984 | 5.27% | 13.88%
> 1985 | 8.64% | 12.43%
> 1986 | 9.45% | 10.19%
> 1987 |17.37% | 10.21%
> 1988 | 2.15% | 10.34%
> 1989 | 9.57% | 10.32%

>>21668879
I cashed out out $120K in crypto on January 2018 and bought at $135K townhouse that is worth $200K now. I had $30 left and it went down to a few thousand during the bear market. If I had left the rest in crypto I would have pretty much lost most of it but I could have at least 3X my money in tech stocks. It does feel comfy knowing I'll always have a roof over my head although I have to pay a couple hundred a month in HOA fees and set aside another hundred for taxes.

Zarbon and Kaitlyn became convinced of the power of Blockchain when they attended a TED Talk in 2015. Since then, they invested 10% of their biweekly paychecks into crypto and were able to buy the house pictured behind them. Now that they don't have to work anymore, they plan on raising a large family!

How has blockchain transformed your own life? Please share.