Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by betterunix2 on Tuesday August 11, 2020 @12:04PM
(#24121894)
Actually you can buy a fraction of a house:
Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by cdiddy2 on Tuesday August 11, 2020 @12:53PM
(#24122524)
You can even buy a fraction of a house on ethereum! https://realt.co/
Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by nostrademons on Tuesday August 11, 2020 @12:47PM
(#24122429)
Can't really live in a REIT though.
Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by betterunix2 on Tuesday August 11, 2020 @01:15PM
(#24122818)
No, but the question was about assets, not housing. A house you own is an asset but your housing arrangement may not be (e.g. if you rent). So for example, a person might rent a place to live in and invest in a REIT to build real estate equity (assuming they specifically want such assets) if they cannot afford to buy an entire house (e.g. if they do not have the money to make a down payment).
Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by jcranmer on Tuesday August 11, 2020 @12:03PM
(#24121869)
> You can't buy a fraction of a house.
Isn't that basically what a REIT is? It's also possible to enter into joint ownership of a property. Roommates are also kind of like acquiring a fraction of a house.
Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ...
by take_a_breath on Tuesday August 11, 2020 @12:27PM
(#24122175)
==Roommates are also kind of like acquiring a fraction of a house.==
Unless you rent, in which case you are acquiring a fraction of the liability without acquiring any house.
For things like stocks, if the increased value is driven by inflation, you get less for your money. So it takes more money to store the same amount of value there.