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58174365 No.58174365 [Reply] [Original]

so all the real estate investors start market dumping their properties to buy bitcoin

>> No.58174386

>>58174365
Yeah but bitcoin only goes up when other people think it goes up.
It would be just as unstable as a planetary asset.
So what happens when all the money in the world gets dumped into bitcoin then disappears?

>> No.58174426

>>58174365
That would be based as fuck. I put the money I was saving for a house down payment into crypto, if that happens I can dump on them once BTC pumps and then buy the houses they were holding at a discount

>> No.58174479

>>58174426
Idiot. Houses will be a liability in the future, not an income-generating asset. They’re already cash-flow negative even at 30% down in most places.

>> No.58174496

>>58174479
You can't live in a crypto wallet

>> No.58174530

>house will le crash

Not in the 1st world...everyone keeps moving to the first world.....and the rate of people moving to the first world only increases every year

>b-but they cant afford to buy!

Retard.

There are indians here in australia buying 1950's 4 bedroom 2 bathrom boomer bags for 2 million dollars and then moving in their parents, their brothers, cousins, grandparents, etc, and they all pay the mortgage with 8 different jobs

There is infinite supply of jeets and chinks to do this in AUS,US,NZ,UK,CA etc

>> No.58174537

>>58174496
re investors aren't living in their properties

>> No.58174543
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58174543

>>58174496
Not yet.

>> No.58174544

>>58174537
but someone is
housing is a fixed human need and property has been a profitable business since the year dot

>> No.58174552
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58174552

>>58174544
>but someone is

> According to the Census Bureau, there were approximately 15.1 million vacant homes nationwide in 2022.

>> No.58174557
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58174557

>>58174365

I sell, get some memes, and the rest in AGRS when housing prices crash... BANG! Thats me mf!

>> No.58174562

>>58174557

And you ll get 1 dollar house, fking ngga

>> No.58175381
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58175381

that's one of the things truflation has been predicting for sometime now, housing is on an all time low, and then its gonna get very very very expensive.

>> No.58175411

>>58174386
I dont thinks thats actually possible due to people will still think believe it has value.

>> No.58175416

>>58174562
that's not how that actually works, Nigger.

>> No.58175421

>>58174543
soon, as long as it's not a metamask like wallet.

>> No.58175428

>>58174530
>>house will le crash

Not in the 1st world...everyone keeps moving to the first world.....and the rate of people moving to the first world only increases every year

there's finite amount of housing at any given time... materials cost rise...

>> No.58175443
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58175443

>>58174365
>Zestimate 30 day change
>+4.5%

>> No.58175444
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58175444

>>58175381
the $truf is out there, kek

>> No.58175581

>>58175428
birth rates are plummeting and bitcoin is finite

>> No.58175592
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58175592

Good.

Houses are for living, not for investing.

Bitcoin is a force for good.

>> No.58175610

>>58174365
>Housing in places people want to live
>Crashing

Pick uno.

Maybe housing in cruddy areas like violent ghettos, places without good jobs, or third world countries.

But good housing only goes up because demand >> supply. Basic economics.

>> No.58175639
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58175639

These hecklers BANGING on the wall to make the DRIBBLING attack. They weren't fucking with me like that at the last hotel. (ANOTHER WALL BANGING ATTACK WHEN I TYPED THE ABOVE.)

>> No.58175665

>a real life piece of land made for living is somewhat worse investment than numbers on a screen

There is no chance a lot of people buy this.

>> No.58175721

>>58175665
>>58175610

real estate investors don't live in their land all they care about is profit

>> No.58175728
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58175728

>>58175639
based schizo

>> No.58175752

>>58175381
all time low? fucking where? chicago?

>> No.58175775
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58175775

>>58175665
I mean, thats true but the FOMO will be huge after halving i think we'll have enough wagies to pump KANA to $1 and carry our bags then

>> No.58175870
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58175870

Yes. And that's a good thing (unironically). Using functional goods for Store of Value purposes is economically inefficient, BTC will usher in literal multiples of global GDP merely by freeing up productive assets that are currently laying fallow as SoV vehicles

>> No.58175880

>>58174365
Good, I say this as a home owner. Contractors have gotten expensive, and my house needs work. With a crash those redneck fucks will have to lower their prices.

>> No.58175904

>>58174530
Jeets will lower property values

>> No.58175913

>>58174543
>living in digital world
>nigger breaks into your shitbox pod and stabs your IRL.

>> No.58175924

>>58175411
What happens if a solar flare takes out all digital devices? Every single node destroyed in one day? And we go back to steam tech because of how unstable electrical based tech is and always has been. What then?

>> No.58175982
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58175982

>>58175924

>> No.58175992

>>58175665
>There is no chance a lot of people buy this
And they'll stay poor. Housing has crashed non-stop denominated in broad market equities, the same holds true for BTC, but BTC is simple enough (line go up) that even a groad can understand