If Bitcoin goes up very high should i buy a house?

[quentincole32]

Buying somewhere to live is the best thing you can ever buy. Just don't buy an overpriced house, or a flat in a big city that would be surely sold at an unfair price. This may depend from where you live but if you live in Western World, houses are most of time really really expensive, so it would be smarter to build it. Imagine, the newspaper could say : "Bitcoin build houses. Nothing can stop the rise !" ! Also, consider that if you're young, you should invest it and then use the income flow to buy or build it. This would be what I would do.

Unfortunately, totalitarian governments multiply the cost of home building by requiring nonsensical permits, taxing the fuck out of it.

So true. A house does not earn you anything, and yet the government taxes them. Don't they have enough money yet? This is why I consider a house as a liability not an asset. It drains the owner money thru maintenance and taxes.

A house doesn't earn you anything if you just buy and let it. You can rent it for years etc.
However make a house as an asset I could agree it's not worth for long term, but a house for you life in , sure it's a must.

[crazywack]

Hold up, I'm in firm belief we will see another bubble soon and the housing market will crash harder. You can then buy the whole block and BE the landlord.

[adibe]

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yup, i think it's a right action. and i'm also will do same with you, if the bitcoin price keep increase and goes up very high. i will sell all my bitcoin and change it into property, because here in my country property business is good.

[jmintuck02]

You could buy a house with no mortgage. That is how I'd do it. I would buy myself a condo in a luxury place with

no mortgage if I could help it. A house is a good thing to get as you'd have your shelter looked after. I really don't

see why not.

[Jimbola3]

Hold up, I'm in firm belief we will see another bubble soon and the housing market will crash harder. You can then buy the whole block and BE the landlord.

This will probably happen in July this year. The housing market crashes and the bitcoin price rises.

[Piltover]

I think that will be a great idea to do.
Just buy it in one time I. Just buy it all, because is better. I hope you can buy a great hope tell us if you bought it and what kind of house.

[LuckyYOU]

This would all depend on how much 1 btc will be worth
But if btc does ever get that high, yes you should go for it if you can
Would be amazing to be able to say that you bought a house with bitcoin

[stromma44]

This would all depend on how much 1 btc will be worth
But if btc does ever get that high, yes you should go for it if you can
Would be amazing to be able to say that you bought a house with bitcoin

If it goes high and you are in a plan for a house, sure you need to go for it. In this time after a crisis if it suddenly moves to a peak it won't be found stable for a long time, So in the mean time if you can just try to trade with your bitcoins and go for the house, which can make proud that house is of my bitcoins.

[Bardman]

Well I don't know about bitcoin's price but here in Spain, my house was worth 150k euros a few years ago and now you can buy a house like mine with around 50k euros, so it's definitely the best time to buy a house, at least here. It's extremely cheap and I find it hard to believe that it will get any cheaper.

[jt byte]

Well I don't know about bitcoin's price but here in Spain, my house was worth 150k euros a few years ago and now you can buy a house like mine with around 50k euros, so it's definitely the best time to buy a house, at least here. It's extremely cheap and I find it hard to believe that it will get any cheaper.

I have been in vacation in Spain they are really some really good houses also in the sea or in the mountain.
I wish I live in Spain is just nice weather in the summer.

Buying houses with bitcoin is just difficult if they don't accept bitcoin.

[SuperCoinGuy]

My long-term goal is to buy some real estate property preferably by the seaside with cashed out bitcoins which I could rent out and have a steady side income.

[ajun96]

you don't need to wait for the future. if you have a lot of bitcoin right now, you can buy a house now,
bitcoin is real money, you can spend anytime

[GannickusX]

you don't need to wait for the future. if you have a lot of bitcoin right now, you can buy a house now,
bitcoin is real money, you can spend anytime

Well, you would have to sell bitcoins for fiat in order to buy a house, as far as I know it's almost impossible to find someone selling houses for bitcoins and no surprise there. Who is going to sell a house for 400 bitcoins so you can see how the next day the price goes down and you lose thousands of dollars.

[Holdaaja]

you don't need to wait for the future. if you have a lot of bitcoin right now, you can buy a house now,
bitcoin is real money, you can spend anytime

Well, you would have to sell bitcoins for fiat in order to buy a house, as far as I know it's almost impossible to find someone selling houses for bitcoins and no surprise there. Who is going to sell a house for 400 bitcoins so you can see how the next day the price goes down and you lose thousands of dollars.

Someone who wants to invest in to bitcoin anyway, then he won't need to take dollars and convert them to bitcoins after that.
Also have you seen this? http://bitcoin-realestate.com/

[hungryFinest]

Sure why not I think is the best thing ever to just buy a house with bitcoin just like that.
Only you need to wait for a long time that bitcoin can go more that 10.000 dollars.

[Nameless Coin]

Sure why not I think is the best thing ever to just buy a house with bitcoin just like that.
Only you need to wait for a long time that bitcoin can go more that 10.000 dollars.

Yes real estate is a good investment like ALWAYS.
So just wait and see what happens. But make sure not to panic sell, like so many already did.

[umaOuma]

Sure why not I think is the best thing ever to just buy a house with bitcoin just like that.
Only you need to wait for a long time that bitcoin can go more that 10.000 dollars.

Yes real estate is a good investment like ALWAYS.
So just wait and see what happens. But make sure not to panic sell, like so many already did.

Real estate is the best investment at present as the value keeps on increasing on daily basis, so I think it is better investment as compared to investing into bitcoins, real estate will grow more in future and can give best return on investments.

[Boelens]

Sure why not I think is the best thing ever to just buy a house with bitcoin just like that.
Only you need to wait for a long time that bitcoin can go more that 10.000 dollars.

Yes real estate is a good investment like ALWAYS.
So just wait and see what happens. But make sure not to panic sell, like so many already did.

Real estate is the best investment at present as the value keeps on increasing on daily basis, so I think it is better investment as compared to investing into bitcoins, real estate will grow more in future and can give best return on investments.

This depends on where you live though; right? I'm pretty positive that the real estate market isn't going up everywhere but rather down.

[nerFohanzo]

Sure why not I think is the best thing ever to just buy a house with bitcoin just like that.
Only you need to wait for a long time that bitcoin can go more that 10.000 dollars.

Yes real estate is a good investment like ALWAYS.
So just wait and see what happens. But make sure not to panic sell, like so many already did.

Real estate is the best investment at present as the value keeps on increasing on daily basis, so I think it is better investment as compared to investing into bitcoins, real estate will grow more in future and can give best return on investments.

This depends on where you live though; right? I'm pretty positive that the real estate market isn't going up everywhere but rather down.

Yeah but in my country the real estate business is at boom, and people are making really good money out of it, I would rather prefer to invest my money into real estate and few in bitcoins, real estate will take care in long run while bitcoin can take care in short run, as investing in real estate requires patience to wait for profits.

[Epicnicity]

I think you should. But it will be a very long time before real estates starts accepting bitcoin.