SolarSilver
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November 26, 2015, 07:35:03 AM |
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Maybe this answers the remaining question of yours . http://www.pwc.com/gx/en/industries/financial-services/asset-management/emerging-trends-real-estate/global-outlook-2015.html [/quote] I don't see how this answers the presumption that house prices are always going up, there is no guarantee for this. House prices go up but they also go down. Look at the recent slump in house prices in Alberta, Canada. Real estate prices are affected by employment and with little inventory and large immigration prices shot up. Now that the oil sector is in a crisis, prices are coming down again. Household financial stress, long term interest rates that are possibly going up, the looming default of countries like Greece, Spain and Italy and heck, even a recession in China are omens. Oh and I almost forgot WWIII that is getting sparked in Syria. There will always be a few areas where house prices go up, but not all the time and in the same place. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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avw1982
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November 26, 2015, 09:03:35 AM |
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You should not buy a house, but buy a complete block. Then rent them to other people.
There much money to be paid in property. You can live on the rent and the best thing is you can sell them when you had enough.
I hope this is good idea for him and He can wait some years then price range go to miles away from current rate. Now he can save Bitcoin and he can change his fiat money to Bitcoins and he can buy later. |
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bitcoin-hunter
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November 26, 2015, 09:31:23 AM |
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If Bitcoin goes up very high should i buy a house?
Very high you mean 5000 US Dollars or more. I don't know how much Bitcoins you have. But I think is a good idea. Well goodluck to you than I hope one day you will get a house with only Bitcoin payment. |
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GannickusX
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November 26, 2015, 11:39:16 AM |
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I don't see how this answers the presumption that house prices are always going up, there is no guarantee for this. House prices go up but they also go down. Look at the recent slump in house prices in Alberta, Canada. Real estate prices are affected by employment and with little inventory and large immigration prices shot up. Now that the oil sector is in a crisis, prices are coming down again. Household financial stress, long term interest rates that are possibly going up, the looming default of countries like Greece, Spain and Italy and heck, even a recession in China are omens. Oh and I almost forgot WWIII that is getting sparked in Syria. There will always be a few areas where house prices go up, but not all the time and in the same place. [/quote] Yeah, the idea of house prices always going up doesn't make any sense, why would a house in 2100 cost more than one today? And if it does indeed cost way more it means that people would be winning more money otherwise no one would be able to live in a house. Here in spain, my house was 150.000 euros in 2002, now it's worth less than 90.000$ and continue to go down. |
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Wapinter
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November 26, 2015, 11:48:11 AM |
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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.
How much do you think is " very high".? it depends on how much you bought the bitcoin for.Moreover when bitcoin prices are on rise,people usually tend to wait more until they eventually begin to fall |
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mouneshwar123
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November 26, 2015, 12:00:01 PM |
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Investment in Real Estate is a play safe methodology when compared to Bitcoin investments. So I would surely buy a house if Bitcoin Price goes up. For me I have a minimum threshold which if reached by bitcoin I will sell 25% of my stack to buy a house or a land.
That is an easy decision to make. If 25% of your bitcoin stake is sufficient to buy a house, you get to live in comfort and you benefit from further appreciation of the remaining 75%.  My dream is not too big, a villa on top of the hill 1970's porsche 911 a dodge challenger or a ford mustang, that's it  |
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knowhow
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November 26, 2015, 08:18:47 PM |
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The thing about that dream to bitcoin achieve a high level it must be used everywhere and for all,soo till that time happens put atleast more 15 to 25 years,then you may see your dream of bitcoin going high but i guess it will be around 2000dollars maybe but i may be wrong and i hope to be.
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jaberwock
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November 26, 2015, 08:50:11 PM |
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I would put less than 80%-90% of my money into a house, because you probably will will live there and won't be able to invest it, and the house probably will devalue.
I would put at most 50%. The rest you can can borrow or something
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AndySt
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November 26, 2015, 11:56:02 PM |
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It all depends on available amount and within what period I would like to happen this event. Also depends on the size of the house.
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Snorek
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November 27, 2015, 12:18:51 AM
Last edit: November 27, 2015, 12:30:14 AM by Snorek |
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If I had enough bitcoins to buy me a house or my own apartment I would buy it today. Life is too short and if you have the money don't want. Investing in real estate market is also a good option.
It is possible that bitcoin price in the future would be a lot better, but if you want to wait 10 years for that to happen (or not!), be my guest.
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iv4n
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November 27, 2015, 01:13:29 AM |
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For that u need big investment, but for sure it is most safe way to earn money. Real estate, bigger job bigger payout. Even if u are without money u can sell it in anymoment. Like win win situation. Just for entering in that game u need to have big bank account. That is something that will never die, and people will always search for new and better, nicer, more beautifull places to live. So if u have so much coins, or money u should invest in it.
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stromma44
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November 27, 2015, 02:04:46 AM |
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For that u need big investment, but for sure it is most safe way to earn money. Real estate, bigger job bigger payout. Even if u are without money u can sell it in anymoment. Like win win situation. Just for entering in that game u need to have big bank account. That is something that will never die, and people will always search for new and better, nicer, more beautifull places to live. So if u have so much coins, or money u should invest in it.
Yes, Real Estate is the big and booming business in a market at present, and it guarantees you the good returns for the sure which I don't thin any other businesses does, the value of apartments keeps on increasing on regular basis so I think investing in real estate would be the profitable venture for you. |
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knowhow
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November 27, 2015, 10:29:09 PM |
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At Brazil the things had frozen a bit since financial problems making the people spend less and waste even less ,investing into real estate may stop giving such good income ,there are several people unemployed dreaming with their house and paying all months the host.At Portugal there are several houses empty,apartments empty,there is no money to make a huge step into get a house without a job.
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Jimbola3
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January 02, 2016, 08:46:26 AM |
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At Brazil the things had frozen a bit since financial problems making the people spend less and waste even less ,investing into real estate may stop giving such good income ,there are several people unemployed dreaming with their house and paying all months the host.At Portugal there are several houses empty,apartments empty,there is no money to make a huge step into get a house without a job.
The inflation in Brazil is high due to the money printing, is it a good idea to hold real estates? |
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helloeverybody
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January 02, 2016, 11:54:34 AM |
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Investment in Real Estate is a play safe methodology when compared to Bitcoin investments. So I would surely buy a house if Bitcoin Price goes up. For me I have a minimum threshold which if reached by bitcoin I will sell 25% of my stack to buy a house or a land.
That is an easy decision to make. If 25% of your bitcoin stake is sufficient to buy a house, you get to live in comfort and you benefit from further appreciation of the remaining 75%. My dream is not too big, a villa on top of the hill 1970's porsche 911 a dodge challenger or a ford mustang, that's it id be happy just not having to go to work everyday, i dare say if we get the numbers some people are predicting then there will be a good few people on the forums that will be able to live a pretty luxurious life,Unfortunately i wont be one of them  |
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busybee7
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January 02, 2016, 12:39:22 PM |
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i guess you should though thats your money you whould do whatever you want
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cointtoo
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January 02, 2016, 01:53:51 PM |
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If it goes to a level where you can sell your BTC and buy a house then do it, BTC is a great investment imo but a house has more advantages than just an investment (you can live in it! lol).
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Gloober
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January 02, 2016, 04:38:11 PM |
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Why not, if you can afford it with bitcoin, you should. It's better to pay off a house rather than keep renting it and never seeing that money again.
Buying a house, you will still have something in the end that's yours.
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Hugroll
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January 02, 2016, 05:11:46 PM |
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if i were you, I'd cash out at the highest price possible then buy a house. if you have enough btc to buy a house every dollar in price fluctuations matters. wait for btc to hit like 800ish in value then cash out and buy a house.
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johnyj
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Beyond Imagination
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January 02, 2016, 05:13:21 PM |
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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.
I would still take the normal measure to buy a house, e.g. taking a fiat loan to buy house and pay interest by selling 5-10% bitcoins once or twice a year to pay those interests and mortgages. Since bitcoin appreciate at least 10% per year, so you end up with a house and roughly same value of bitcoins 10 years later |
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