Why Nostr? What is Njump?
2024-06-08 00:56:28
in reply to

Tortuga on Nostr: But the minimum down payment is not 100k, it’s 17,500. So he could still “buy” ...

But the minimum down payment is not 100k, it’s 17,500. So he could still “buy” 82,500 worth of bitcoin, when purchasing the house, which seems to be lacking in the analysis. So the opportunity cost is not as great as is indicated, AND increasing cash flows needed to service the rent are not included vs a fixed rate mortgage payment, which is assumed to be covered by cashflow for the life of the loan.
Author Public Key
npub1e3mx09yq53gyh9368qyuhfstgk8t7p5vvfcnvgwa4994y7rqg37s20qvr5