Err I don’t think this is right.
When the banks flood the market with artificially lowered interest rates, there’s so much more money and hence more bids for an asset that’s not meant for investing and this pushes the prices up and creates the monetary premium that’s quite a lot more than the utility value of a house.
Cheap money cases scarce assets
💲🏃🏠
When you have hard money, these assets will chase bitcoin.
/ Bitcoin Sikho
npub1nc…wj87x
2024-08-07 20:45:38
in reply to nevent1q…ledx
Author Public Key
npub1ncff8m25y0c058xdljmxhpr4lxetzjpea6uq9733qmp4slfts43qawj87xPublished at
2024-08-07 20:45:38Event JSON
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"content": "Err I don’t think this is right. \n\nWhen the banks flood the market with artificially lowered interest rates, there’s so much more money and hence more bids for an asset that’s not meant for investing and this pushes the prices up and creates the monetary premium that’s quite a lot more than the utility value of a house. \n\n\nCheap money cases scarce assets \n💲🏃🏠\nWhen you have hard money, these assets will chase bitcoin.",
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