I think that the amount of “shitcoinyness” in real estate highly depends on the interest rate and what type of mortgage (e.g., 30-year fixed)
Like if you got in around 2020 for example with like a 2.5% fixed, I don’t see that as a shitcoin. If you’re messing around trying to buy today, you’re gonna be fucked with rates unless you have the cash.
Noshole / TheNoshole
npub1ymt…pxnz
2024-06-07 22:34:10
in reply to nevent1q…fcla
Author Public Key
npub1ymt2j3n8tesrlr0yhaheem6yyqmmwrr7actslurw6annls6vnrcslapxnzPublished at
2024-06-07 22:34:10Event JSON
{
"id": "d4326ba196079d2ac9c7f27067a51550cafcc02ebef18c2dadc62f850bf7107c",
"pubkey": "26d6a946675e603f8de4bf6f9cef442037b70c7eee170ff06ed7673fc34c98f1",
"created_at": 1717792450,
"kind": 1,
"tags": [
[
"e",
"efded9dd636fffb69425b4d9bffc74a641b7f3d16d0ef5b153407a7763825bd7",
"",
"root"
],
[
"p",
"45f195cffcb8c9724efc248f0507a2fb65b579dfabe7cd35398598163cab7627"
]
],
"content": "I think that the amount of “shitcoinyness” in real estate highly depends on the interest rate and what type of mortgage (e.g., 30-year fixed)\n\nLike if you got in around 2020 for example with like a 2.5% fixed, I don’t see that as a shitcoin. If you’re messing around trying to buy today, you’re gonna be fucked with rates unless you have the cash.",
"sig": "2885a9183e3b3b3d510e56f689c1d0c0a523b72cd08e9c6638647664d34c8e0f572cc7445e31420c79abaa94f5460a719274f4cdb27a0034ce29ee69df2be93e"
}