“Buying a house isn’t an investment—$BTC is what investing is.”
Suppose in 2011 there are two people with the same starting capital and the same monthly budget:
A chooses to buy a home
B chooses to rent a home, and continuously invests the down payment plus the monthly difference they save into Bitcoin
Monthly total expenses for home buyers:
15-year mortgage principal + interest: $1,530.70 / month ($200,000 loan, interest rate 4.51%)
Home maintenance/taxes/insurance (2.5% per year): $520.83 / month
Total monthly expenses: $2,051.53
Monthly total expenses for renters:
Pay rent: starting at $1,000 / month (growing with inflation CPI)
Investing in BTC via regular fixed-amount purchases: total expenses $2,051.53 - monthly rent $1,000 = $1,051.53 / month
After 15 years:
Buying a home: net worth about 460,00
Renting + Bitcoin: about 292,800,000
The difference is more than 600 times.
Suppose in 2011 there are two people with the same starting capital and the same monthly budget:
A chooses to buy a home
B chooses to rent a home, and continuously invests the down payment plus the monthly difference they save into Bitcoin
Monthly total expenses for home buyers:
15-year mortgage principal + interest: $1,530.70 / month ($200,000 loan, interest rate 4.51%)
Home maintenance/taxes/insurance (2.5% per year): $520.83 / month
Total monthly expenses: $2,051.53
Monthly total expenses for renters:
Pay rent: starting at $1,000 / month (growing with inflation CPI)
Investing in BTC via regular fixed-amount purchases: total expenses $2,051.53 - monthly rent $1,000 = $1,051.53 / month
After 15 years:
Buying a home: net worth about 460,00
Renting + Bitcoin: about 292,800,000
The difference is more than 600 times.