Home values aren’t going up, the money is worth less.
Unless you finished a substantial remodel, your house is not worth more. This is just further proof that the $$ that it’s valued in is being debased.
Inconvenient Truth : 𝐇𝐨𝐦𝐞 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐚 𝐫𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐝𝐞𝐛𝐚𝐬𝐞𝐦𝐞𝐧𝐭 | Adrian Cercenia
Inconvenient Truth : 𝐇𝐨𝐦𝐞 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐚 𝐫𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐝𝐞𝐛𝐚𝐬𝐞𝐦𝐞𝐧𝐭 The 𝑣𝑎𝑙𝑢𝑒 of a house does not go up over time, the 𝑣𝑎𝑙𝑢𝑒 (purchas…
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
