I think it’s going to gradually erode. It might even be already. Homes aren’t really moving right now and they’re talking about needing to inject more liquidity to keep prices up.

i mean for sure, plus dealing with property tax and tenants if renting is also a PITA, but with bitcoin still seen as a ponzi / filthy drug speculative asset, how long do you think it takes for that store of value premium to dissipate?

stack_harder

It’s a worse store of value and harder to both acquire and liquidate than bitcoin, so I expect that store of value premium to dissipate.

I’ll push back on the idea that homes weren’t always stores of value, though. They were intergenerational stores of value but weren’t used as financial capital like they are now.

AskSN

econ

Will using homes as a store of value forever be a thing?

It’s a worse store of value and harder to both acquire and liquidate than bitcoin, so I expect that store of value premium to dissipate. 

I’ll push back on the idea that homes weren’t always stores of value, though. They were intergenerational stores of value but weren’t used as financial capital like they are now.