Author

Topic: Housing and Bitcoin (Read 633 times)

legendary
Activity: 2940
Merit: 1865
June 04, 2015, 10:09:20 PM
#5
...

Many types of investments are over-valued now.

US stocks certainly seem to be, nearly at their all-time highs.  Profits are fairly good, but some of that profit is going into M&A as well as share buybacks.  Dividends are low.  Classic warning signs...

Housing has had a big run in some US cities, I cannot comment on the USA as a whole, because I just do not know.  Farm land in general has had a mighty run as well.

I DO KNOW that both Bitcoin and gold are WAY off their highs.

Generally speaking, you want to buy low and sell high...

Both real estate and stocks have through modern history done very well.  In the long term.  "Everyone" says they are in it for the "long term".  But are they really?  Or will they sell when something looks scary?

IMO, small investments in BTC and gold are great diversification.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
June 04, 2015, 08:12:57 PM
#4
Anyone that thinks house prices are logical at 20x the median income is legit nuts.  The 30's will look like but a small crash.

The housing market never really crashed..

It will the only way it wont is if wages are all increased 4 FOLD..  The chances of that happening are about the same as you cracking SHA-256.

Can you not see the storm?  It would be wise not to be caught in it.  Being in debt when the storm hits...


Risk vs Reward, the risk in  the housing market is out of this world.. The reward is decreasing as prices skyrocket..


My bet is when America pushes their interest rate to negative 1% shit completely falls apart.  They will get away with -.1%, -.25%, then -.5%(this will last a few months tops) it will be moved to -1% and the mass exodus of savers will annihilate the entire system.  Odds are you'll lose everthing in your bank account.






OR there is a chance expoential economics and finite resouces goes on forever............................ but math does disagree.
What I fail to notice is connection between real estate market and bitcoin? How exactly these 2 things are connected?
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
June 04, 2015, 07:43:10 PM
#3
House price can be kept at a very high level artificially, as long as central banks can print tons of money to raise its price. Price manipulation is very effective when you can create money and control the money flow. All those economy theory are just some fantasy talk to fool school students
legendary
Activity: 1218
Merit: 1003
June 04, 2015, 02:34:32 PM
#2
Anyone that thinks house prices are logical at 20x the median income is legit nuts.  The 30's will look like but a small crash.

The housing market never really crashed..

It will the only way it wont is if wages are all increased 4 FOLD..  The chances of that happening are about the same as you cracking SHA-256.

Can you not see the storm?  It would be wise not to be caught in it.  Being in debt when the storm hits...


Risk vs Reward, the risk in  the housing market is out of this world.. The reward is decreasing as prices skyrocket..


My bet is when America pushes their interest rate to negative 1% shit completely falls apart.  They will get away with -.1%, -.25%, then -.5%(this will last a few months tops) it will be moved to -1% and the mass exodus of savers will annihilate the entire system.  Odds are you'll lose everthing in your bank account.






OR there is a chance expoential economics and finite resouces goes on forever............................ but math does disagree.
Things are worth what people are willing to pay for them!  The greater fool theory seems to be in full flow, but that is often the case.

Central banks are doing a great job of keeping the sh!t heap economy afloat, the stock markets seem like a bigger joke to me than the housing market, but they are both at about Bitcoin November 2013 levels.
legendary
Activity: 1722
Merit: 1000
June 04, 2015, 01:59:47 PM
#1
Anyone that thinks house prices are logical at 20x the median income is legit nuts.  The 30's will look like but a small crash.

The housing market never really crashed..

It will the only way it wont is if wages are all increased 4 FOLD..  The chances of that happening are about the same as you cracking SHA-256.

Can you not see the storm?  It would be wise not to be caught in it.  Being in debt when the storm hits...


Risk vs Reward, the risk in  the housing market is out of this world.. The reward is decreasing as prices skyrocket..


My bet is when America pushes their interest rate to negative 1% shit completely falls apart.  They will get away with -.1%, -.25%, then -.5%(this will last a few months tops) it will be moved to -1% and the mass exodus of savers will annihilate the entire system.  Odds are you'll lose everthing in your bank account.






OR there is a chance expoential economics and finite resouces goes on forever............................ but math does disagree.
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