A new house? For a million dollars? A tiny house in the middle of nowhere, maybe, but even that doesn't leave much change. Fucking real estate bubble.
It depends on where you live.In most Asian countries you can have a huge house for this money.
saigon/hanoi nope
china even in a second city, nope
japan, main city nope
korea Seoul, nope
so they are out for huge houses for $1M
eg Hangzhou, a second city in china, you probably can't even buy a house for 1M.
Pro Tip
You are always forced to buy a House in a world class city, NY,London, Tokyo, Sydney, Seoul etc.....because then you have the choice of not living in it or living in it, and you can afford to live basically anywhere else in the world for as long as you want. Buying a house in nowhere land, looks good, but then you are stuck there or comparable no wheres for ever. Worse you will see your land value drop relatively to city prices so you get further and further behind.
Once you have that house then you have a chance at living a happier better life.
The Broblem is it cost about 2~3 Mill for a reasonable house in a reasonable suburb. The interest repayments on that amount alone are more than people will take home in wages, so they will be locked out more and more.
This is due to the Gov printing money and giving it to bankers and hangers on.
Which brings us back to BTC which is the solution.
BTC is going to the 100K if not 1 Mill a coin.
