RE: Risk On, Risk Off .:. WorkerBee PH-Pool Week 243
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So, if we look at that period 2008-2012, that was probably the best moment to buy a real estate (if you had money)
And in the years after that period, until 2015... I remember that then there was a "strong" price of 1300€ for 1m², which after 6, 7 years could be sold for 3000€.
But that increase in prices, we can observe through the decline in the value of money?
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Amazingly, real estate has almost tripled (in some places), in just 7-8 years! It should be a slow-growth asset!
Well, there is a certain percentage that could be thanks to the devaluation of money, but it's not all of it, for sure... Houses are cheaper in BTC than they were before 😃