Bitcoin & Actual Property w/ Leon Wankum (BTC164)
As an actual property investor, I’ve all the time been targeted on the housing market and the alternatives it presents. Nevertheless, after listening to the dialog between Leon Wankum and the host of BTC164, I’ve realized that there is a complete new world of funding that I have been lacking out on – Bitcoin.
The comparability between actual property and Bitcoin as a retailer of worth was eye-opening. Leon’s clarification of how Bitcoin outperforms actual property when it comes to deflation charges actually bought me pondering. It is true – the numbers do not lie. In simply 4 years, the value of a home has skyrocketed, whereas the associated fee in Bitcoin has decreased considerably. It is a game-changer for anybody trying to spend money on a retailer of worth.
Leon’s insights into the affect of Bitcoin on the true property market had been equally thought-provoking. As rates of interest go up, financing turns into much less inexpensive, resulting in a lower in demand for housing. This, in flip, drives down actual property costs. It is a vicious cycle that is onerous to flee from, particularly for actual property builders.
The concept of bringing Bitcoin onto the steadiness sheet of an actual property firm is a daring transfer, however one which makes lots of sense. With Millennials and Gen Zers being priced out of the true property market resulting from hovering costs and financing challenges, it is clear {that a} new method is required. By proudly owning Bitcoin, actual property builders can hedge in opposition to the inflationary pressures of the fiat system and take part within the worth enhance of Bitcoin.
In conclusion, the dialog with Leon Wankum has opened my eyes to a brand new mind-set about investments. The comparability between actual property and Bitcoin as a retailer of worth, and the potential affect of Bitcoin on the true property market, has given me lots to think about. It is clear that the world of investing is evolving, and I am excited to see the place it goes from right here.
