hodlbec on Nostr: Yeah totally agree. I see it with majority of my friends and family. A lot of it is ...

Yeah totally agree. I see it with majority of my friends and family. A lot of it is social pressure and/or “the thing you do” because parents etc. I can guarantee that if my friends understood what money is and how the system is programmed to debase forever they would second guess it. Most also don’t understand rates and leverage either which is crazy given that’s the basis of what a mortgage is. Home ownership with majority mortgage based debt is one of the greatest fiat scams that exists. Buying a house or apartment that you rent out is different but it’s not an amazing investment either.