If Bitcoin goes up very high should i buy a house? - page 56.

enhu

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Quote from: STT on July 16, 2016, 01:23:06 PM

UK has population growth which not every country has. I do presume over decades the prices will generally rise. Im not sure why people keep thinking brexit means the house prices have to fall.

Quote

House should not be treated as an investment.

We are living in a topsy turvy world where housing you live in is not investment but a virtual cryptographic token is considered more useful and stable then solid real estate Grin

Anything can be subject to volatility, the sub prime thing was mostly from political meddling. Anything useful can be invested in, cash is generally not investment as its just a form of debt. Bitcoin is at least an expression of work and unique placer in the blockchain, its debatable

I see House and lot as an investment though. if the location of this house has the access to everything from hospital, schools and supermarket.
It should be great and price shall appreciate in years to come. location plays a big factor when it comes to real estate. this is what i've learned from an agent i know because I've once processed it when my sister bought a house.

Dudeperfect

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Interesting question! But I will suggest first of all hire an advocate to deal with all legal aspects associated with it. Since bitcoin can touch new heights with specific intervals of time, you should badly consider about return on investment in both possible cases (buying house or holding bitcoins). Own house is amazing thing in life but would you go with that on the costs of low profits?. I will strongly advice is to deeply study market scenario focusing on return of investments when you are about to spend large part of your bitcoin holdings. Wish you all the best.

STT

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UK has population growth which not every country has. I do presume over decades the prices will generally rise. Im not sure why people keep thinking brexit means the house prices have to fall.

Quote

House should not be treated as an investment.

We are living in a topsy turvy world where housing you live in is not investment but a virtual cryptographic token is considered more useful and stable then solid real estate Grin

Anything can be subject to volatility, the sub prime thing was mostly from political meddling. Anything useful can be invested in, cash is generally not investment as its just a form of debt. Bitcoin is at least an expression of work and unique placer in the blockchain, its debatable

dragonusa9

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Quote from: goldcoinminer on July 13, 2016, 09:01:45 AM

Quote from: mirakal on July 13, 2016, 07:35:09 AM

Quote from: doublemore on July 13, 2016, 05:31:15 AM

Yeah but where i live in UK with brexit im going to wait now even if bitcoin does go to the moon. The house price wont be looking good for next few years which is great for me. House down bitcoin up

I like that, it could only mean that the economy in your country is going down due to low housing, in our country house are really cheap and I am lucky to be on board in bitcoins because I am gonna buy in the future.

The good thing with bitcoin is that it is not affected with certain economy of a specific country, the market is just driven buy the real law of demand and supply so I am happy being part of it.

well, just thinking that if bitcoin up and house price is down, we can got rid lot of houses. but i dont really know when the price of house will booming, for some country that still not even crowded with human. so the land remain cheap for reason to attract some newcomer for a long time

goldcoinminer

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Quote from: mirakal on July 13, 2016, 07:35:09 AM

Quote from: doublemore on July 13, 2016, 05:31:15 AM

Quote from: Altynbekova on July 13, 2016, 02:43:23 AM

Quote from: doublemore on October 29, 2015, 04:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yeah it is not a bad idea to buy a house with the money that you have earned because of Bitcoin, if you can make enough money then you should do it.
A house is always a good investment because the value can also go up.

Yeah but where i live in UK with brexit im going to wait now even if bitcoin does go to the moon. The house price wont be looking good for next few years which is great for me. House down bitcoin up

I like that, it could only mean that the economy in your country is going down due to low housing, in our country house are really cheap and I am lucky to be on board in bitcoins because I am gonna buy in the future.

The good thing with bitcoin is that it is not affected with certain economy of a specific country, the market is just driven buy the real law of demand and supply so I am happy being part of it.

mirakal

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Quote from: doublemore on July 13, 2016, 05:31:15 AM

Quote from: Altynbekova on July 13, 2016, 02:43:23 AM

Quote from: doublemore on October 29, 2015, 04:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yeah it is not a bad idea to buy a house with the money that you have earned because of Bitcoin, if you can make enough money then you should do it.
A house is always a good investment because the value can also go up.

Yeah but where i live in UK with brexit im going to wait now even if bitcoin does go to the moon. The house price wont be looking good for next few years which is great for me. House down bitcoin up

I like that, it could only mean that the economy in your country is going down due to low housing, in our country house are really cheap and I am lucky to be on board in bitcoins because I am gonna buy in the future.

doublemore

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Quote from: Altynbekova on July 13, 2016, 02:43:23 AM

Quote from: doublemore on October 29, 2015, 04:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yeah it is not a bad idea to buy a house with the money that you have earned because of Bitcoin, if you can make enough money then you should do it.
A house is always a good investment because the value can also go up.

Yeah but where i live in UK with brexit im going to wait now even if bitcoin does go to the moon. The house price wont be looking good for next few years which is great for me. House down bitcoin up

Altynbekova

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Quote from: doublemore on October 29, 2015, 04:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yeah it is not a bad idea to buy a house with the money that you have earned because of Bitcoin, if you can make enough money then you should do it.
A house is always a good investment because the value can also go up.

sobsitesearch

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Quote from: Zadicar on July 13, 2016, 12:29:04 AM

If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.

Yeah it all depends on how many bitcoin you have and what will be the price of bitcoin to afford to buy a house but it is really good to buy a house it is an form of savings.

Zadicar

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If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.

a7mos

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Quote from: arbitrage001 on July 12, 2016, 02:07:09 PM

Quote from: Posum578 on July 11, 2016, 03:40:01 AM

Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

House can be investment
You can use it for rent and gain monthly income
Also house price never going fall, more time you own it the price will go up

Are you sure house price never fall?

It does fall if the country economy is not stable or if there a war or a political turmoil in the country. So even real estate involves gain and pain like all other investments in the world

pooya87

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Quote from: arbitrage001 on July 12, 2016, 02:07:09 PM

Quote from: Posum578 on July 11, 2016, 03:40:01 AM

Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

House can be investment
You can use it for rent and gain monthly income
Also house price never going fall, more time you own it the price will go up

Are you sure house price never fall?

it depends on where you live bro

in some developing countries with a high inflation rates and a broken economy where there is nowhere to invest but in land, house prices are always rising each year even when the house gets older the price is still gonna grow.

boyptc

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Quote from: arbitrage001 on July 12, 2016, 02:07:09 PM

Quote from: Posum578 on July 11, 2016, 03:40:01 AM

Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

House can be investment
You can use it for rent and gain monthly income
Also house price never going fall, more time you own it the price will go up

Are you sure house price never fall?

The price of house falls when the house is already old tendency the price is going to be cheaper at all. But with the lot this is the best investment at all because it is just like gold it's price never fall.
As the time goes by, the price of it is just going to become higher and higher.

hermanhs09

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Quote from: Cast12 on July 12, 2016, 02:11:51 PM

If you want to buy a house when BTC price increases, then you should buy a house. If you don't want to buy a house, then you shouldn't.

What a strange logic,wow.
of course im being sarcastic right now,but i think anyway cast112 is right at some part,if you dont want to spend these bitcoin's
on the house,then just dont do it.However i think i would decide to spend it on it,because house price is a pretty stable investment,and also having house without mortgage,feels great.

Cast12

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If you want to buy a house when BTC price increases, then you should buy a house. If you don't want to buy a house, then you shouldn't.

arbitrage001

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Quote from: Posum578 on July 11, 2016, 03:40:01 AM

Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

House can be investment
You can use it for rent and gain monthly income
Also house price never going fall, more time you own it the price will go up

Are you sure house price never fall?

mrhelpful

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Quote from: CoinFoxs on July 11, 2016, 02:34:24 PM

Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

It should be treated as investment, if you give your house to people for school or hospital on rent then you will get a good income monthly.

I think the view is a bit skewed, due to people being new home owners dont do the homework breaking things down.

Its a "investment" if you are able to flip back to the market - so youre already have a set team to make your position to be more liquid then anyone for starters.

Then I would agree, cause you are able to move wherever you want.

CoinFoxs

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Quote from: arbitrage001 on July 11, 2016, 12:36:09 AM

House should not be treated as an investment.

It should be treated as investment, if you give your house to people for school or hospital on rent then you will get a good income monthly.

CroSany

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If I I am in your place I would collect money on internet for big villa modern house and fhen buy it on Croatian sea.I will also buy some fast electric car created in Croatia.

ASHLIUSZ

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Quote from: Hatuferu on July 11, 2016, 03:20:39 AM

Quote from: mirakal on July 10, 2016, 11:41:41 PM

Quote from: 23dzmaz on July 10, 2016, 08:23:58 PM

Quote from: hermanhs09 on July 10, 2016, 03:12:35 PM

Quote from: goldcoinminer on July 10, 2016, 08:18:25 AM

Quote from: jossiel on July 10, 2016, 08:15:34 AM

Quote from: mirakal on July 10, 2016, 07:57:51 AM

Quote from: avikz on July 10, 2016, 04:10:13 AM

WHy not?? Obviously you should buy a house with your bitcoin holding if you can. House is a tangible asset and you must invest in it. Most real estate investment give good return in long term.

If you already has another house, you can give it out on rent, which will ensure a monthly income to your family. Go for it man!

For me since I already have a house and I am comfortable living with it maybe I would just buy a lot and I will develop it to transform into a subdivision to lease or rent it for me to receive a consistent income.

Yes that's a good idea that you are going to generate income out of your house. And it is really a good investment if you are going to use your bitcoins by buying an house.
And it is really recommended that if you have a lot of btc's then go buy your own house.

I would be the luckiest person on earth if I could buy a house with my bitcoins earning here, it would really be awesome as I have never imagine that in my life before I discover bitcoins.

hmm,i feel the same here actually.
I have my own company,plus i have my second source of income (investing btc,trading btc,sig campaining ) but
i still think it would be very hard for me to buy a house with the money i make .

Yeah, we need many bitcoins to invest on a house. It will takes much time to get many bitcoins, but if i have many bitcoins i will invest it on a house.

That is a good move if you find a house as investment because you will earn from your house, it could be you will rent it for income otherwise you need to maintain a good house with big expenses.

It's like you are maximizing your income, the moment you earn money investment with bitcoin the profit should be use to other form of income which is less risky and renting a house for profit is a good idea IMO.

you will get a monthly income from house without any expense if you use it for rent. it is more better than any other investment but i don't know whether i can own a house by the little bitcoin earnings i have.

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