Why would you want to buy two houses
this is like asking "why would you want to be rich?"
No, it's not!
Are you saying that it's better to hold houses than bitcoins?
from a historical basis, yes houses are a good investment. should anyone hold anything INSTEAD of the other? no thats not what I'm saying. but the reasons one would want to have two houses is fairly obvious. its one of the most reliable investments there is i believe, even taking the 'housing crisis' of america into consideration, people with houses are certainly better off than people with just one house, if you actually own them. theres a large number of extremely wealthy people in the world who owe it all to buying real estate. if done right, it can do pretty well. maybe not early adoption of bitcoin well, but its nice and stable and some people like stable performers over volatility.
Agree, but perhaps someone would like to ask about the situation in Greece. There are 300k unsold houses and another 300k mortgaged ones but in the red (the loan is not being paid)!!!
People with mortgages are required to pay at the price they bought plus interest etc, while the value of their property has plummeted by 50% or even more!!! Not much of an investment there!!!