Bitcoin vs. Real Estate as US Housing Market Stalls

The number of full-time real estate agents

and brokers in the US dropped.

The real estate agents count fell 14%.

The number of members of the National Association

minus that in July pending home sales plummeted

to their lowest level on record.

The housing market is stalling.

Agents are dropping quickly.

Well, we have Bitcoin now.

Why would you buy a house when you can buy Bitcoin instead?

You buy a house, you have to pay property tax.

You buy a Bitcoin.

Done.

Plus you sell it.

You haven't got to pay property taxes every month.

The government can't take it from you

because you lost it in a boating accident.

Plus you get a higher rate of return.

Plus you're geographically free.

Plus you can liquidate instantly

without waiting years to sell it on the market.

I'll just sell my house.

So in 2029, I have money.

Okay.

There's only point in buying a house now

is if you're like me and you have hundreds

of millions of dollars of spare money sitting around

and you have so much crypto

that it doesn't matter if you buy more

because if crypto goes up, you've made it.

So you just buy real estate

because you just have to diversify.

If you have like 200 million in the bank

and you blow 75 million on real estate around the world

just to hold, fine.

But if you're saving up, getting an ugly wife

and saving up to get a mortgage, to get our first home,

get on the ladder, get an AIDS test because you're a faggot.

Get an AIDS test.

You're a faggot.

End of transcript · 274 words

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