Topic: If Bitcoin goes up very high should i buy a house? - page 95. (Read 133943 times)

At Brazil the things had frozen a bit since financial problems making the people spend less and waste even less ,investing into real estate may stop giving such good income ,there are several people unemployed dreaming with their house and paying all months the host.At Portugal there are several houses empty,apartments empty,there is no money to make a huge step into get a house without a job.

Yes, Real Estate is the big and booming business in a market at present, and it guarantees you the good returns for the sure which I don't thin any other businesses does, the value of apartments keeps on increasing on regular basis so I think investing in real estate would be the profitable venture for you.

For that u need big investment, but for sure it is most safe way to earn money. Real estate, bigger job bigger payout. Even if u are without money u can sell it in anymoment. Like win win situation. Just for entering in that game u need to have big bank account. That is something that will never die, and people will always search for new and better, nicer, more beautifull places to live. So if u have so much coins, or money u should invest in it.

If I had enough bitcoins to buy me a house or my own apartment I would buy it today. Life is too short and if you have the money don't want. Investing in real estate market is also a good option.
It is possible that bitcoin price in the future would be a lot better, but if you want to wait 10 years for that to happen (or not!), be my guest.

It all depends on available amount and within what period I would like to happen this event. Also depends on the size of the house.

I would put less than 80%-90% of my money into a house, because you probably will will live there and won't be able to invest it, and the house probably will devalue.

I would put at most 50%. The rest you can can borrow or something

The thing about that dream to bitcoin achieve a high level it must be used everywhere and for all,soo till that time happens put atleast more 15 to 25 years,then you may see your dream of bitcoin going high but i guess it will be around 2000dollars maybe but i may be wrong and i hope to be.

  My dream is not too big, a villa on top of the hill
1970's porsche 911
a dodge challenger or a ford mustang, that's it 

How much do you think is " very high".? it depends on how much you bought the bitcoin for.Moreover when bitcoin prices are on rise,people usually tend to wait more until they eventually begin to fall

I don't see how this answers the presumption that house prices are always going up, there is no guarantee for this. House prices go up but they also go down. Look at the recent slump in house prices in Alberta, Canada. Real estate prices are affected by employment and with little inventory and large immigration prices shot up. Now that the oil sector is in a crisis, prices are coming down again.

Household financial stress, long term interest rates that are possibly going up, the looming default of countries like Greece, Spain and Italy and heck, even a recession in China are omens. Oh and I almost forgot WWIII that is getting sparked in Syria.

There will always be a few areas where house prices go up, but not all the time and in the same place.
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Yeah, the idea of house prices always going up doesn't make any sense, why would a house in 2100 cost more than one today? And if it does indeed cost way more it means that people would be winning more money otherwise no one would be able to live in a house. Here in spain, my house was 150.000 euros in 2002, now it's worth less than 90.000$ and continue to go down.

Very high you mean 5000 US Dollars or more. I don't know how much Bitcoins you have.

But I think is a good idea. Well goodluck to you than I hope one day you will get a house with only Bitcoin payment.

I hope this is good idea for him and He can wait some years then price range go to miles away from current rate. Now he can save Bitcoin and he can change his fiat money to Bitcoins and he can buy later.

Maybe this answers the remaining question of yours .
http://www.pwc.com/gx/en/industries/financial-services/asset-management/emerging-trends-real-estate/global-outlook-2015.html
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I don't see how this answers the presumption that house prices are always going up, there is no guarantee for this. House prices go up but they also go down. Look at the recent slump in house prices in Alberta, Canada. Real estate prices are affected by employment and with little inventory and large immigration prices shot up. Now that the oil sector is in a crisis, prices are coming down again.

Household financial stress, long term interest rates that are possibly going up, the looming default of countries like Greece, Spain and Italy and heck, even a recession in China are omens. Oh and I almost forgot WWIII that is getting sparked in Syria.

There will always be a few areas where house prices go up, but not all the time and in the same place.

Then it will be a feudal society to a new technological level. The entire city and region rich in power of feudal lords and ordinary citizens renting a roof over your head.

That sounds like the game monopoly. I think the role was taken by Donald Trump. He owns a lot of property in New York, Las Vegas, Los Angeles and many more. So I think he cornered that market already.

You should not buy a house, but buy a complete block. Then rent them to other people.

There much money to be paid in property. You can live on the rent and the best thing is you can sell them when you had enough.

Don't you mean $1000 a month for rent? What can you rent for $100 / month? We are talking a house to live in... I have seen higher price than $100/month for a car parking space...



House prices always go up? Really? Promised?

https://housingjapan.com/2011/11/10/a-history-of-tokyo-real-estate-prices/

Lucky you did not buy a house in the 90's in Japan for example...

Feel like buying a house in London today?

You need to do a math here :
Lets break it down for you
Assuming you're living in a rented house ,you've to pay the rents on monthly/weekly basis
(I'm assuming the values as I'm totally unaware rent prices in your country)

Say you've to pay $100 a month for rent which makes $1200 for a year.
You have bitcoins about BTC1000 which you can afford to buy a house with at the rate of $300/btc.

 Scenario 1 : If you buy the house right now
You can save up $1200 a year which you spend in the rent but lose on your bitcoin.If the price value of bitcoin goes really high in the near future say after 2 years you will regret spending the coins as you could actually buy two houses by the same money now .On the either side if the prices don't go high you will appreciate your decision.The main point is,the REAL ESTATE value after two years or day/day is going up and it will go even higher in next coming years no matter what because we're running short of land!In that case you would like to spend your btc's as you can always have land or your house as a massive investment which could be sold for higher prices even if you want to.Also the money used on rent could be used to buy more btc's.

Scenario 2: If you don't buy the house right now
Depending on the btc prices to go high and finally waiting for a day to see it going down will just make things worser.If it goes really high you would hit the jackpot but the time spend waiting for same to happen will also affect the real estate prices as they are going to go high either way.You might as well come to a point where the btc prices will be damn high and so will be real estate prices.Best thing to do will be buy a house right now and save the rent money to buy btc's which will be used for investment

Then you will probably never buy a house. Everyone would like bitcoin to go to 3k but let's be honest, it's not going to happen, at least not any time soon and by that time the price of a house could increase a lot like it was 4-5 years ago.