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Learning & News => News related to Crypto => Topic started by: sirty143 on May 10, 2024, 12:17:33 PM

Title: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: sirty143 on May 10, 2024, 12:17:33 PM
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds

As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. See more for yourself here (https://news.bitcoin.com/crypto-wealth-bolsters-real-estate-markets-and-consumer-spending-study-finds/).

Your opinion is greatly appreciated.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: TomPluz on May 23, 2024, 04:46:09 AM


This is a very important study analyzing the impact of cryptocurrency investing into other areas most notably real estate and spending. Even before this study came out in the open, we in the cryptocurrency industry are all aware of this great correlation and personally I have seen this impact with many of the people I know even online. So there is no ground with the assumption that cryptocurrency is worthless and should not be allowed in a country's financial system to be integrated. All those countries and their governments who are so control freak and are not allowing cryptocurrency to bloom in their backyards should read this study once and for all.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: NotATether on May 23, 2024, 03:17:57 PM
Real estate has *always* been an appreciating market because the housing prices just go up. So when you buy a house and wait 5-10 years, you will most likely be able to sell the house to someone else at a profit. It helps that everybody wants to buy a house as well, even with mortgage if necessary.

Also when you look at crypto influencers online, some of the first things they go buy are cars, watches, and houses.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Faisal2202 on May 23, 2024, 07:39:00 PM
That's an obvious thing in my opinion, when people make more money, they reinvest it in real estate only if they are smarter ones, as many newbies who are young and made some profit they prefer to buy luxurious things means they prefer to spend their money on unnecessary things which is bad for them but good for those who invest in these luxuries item's stocks. So overall, one is spending and other is making money out of it. People with more money in there hands prefer to buy lands, because digital assets don't give a feeling of owning something but when you buy a land from those digital assets.

Then you feel the real vibe, I don't know how this can be a coincidence but today I when come to know the rate of land near my house I was shocked, as I thought they would be high but they are not, as I can afford them Alhamdulilalh so since morning I have been thinking to reinvest some of my seed profit from BTC to real estate as well. This will increase the demand as more people are buying houses having more money in there hands thus the rates of those lands will spike.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Captain Corporate on May 23, 2024, 10:52:43 PM
Well that makes sense, lets say that you do not have enough money to buy a house, but you have about 3-4 thousand dollars, that's not enough for even downpayment and mortgage the rest, its very small in that market. But what you can do is, invest that into bitcoin and maybe who knows you will x10 that, its really not that complicated, we were around 16k, and now we are near 70k, so that alone is a big increase for most. Eventually, when you x10 your 3-4k dollars you will end up having 30-40k dollars, then you can put that as downpayment,and mortgage the rest for 30 years. This way, someone who doesn't have the money for it, ended up having that downpayment all thanks to bitcoin.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Baofeng on May 24, 2024, 12:47:32 AM
It's pretty obvious, based on the data, those areas that have many crypto investors are the one who's real state and consumer spending are the highest. Which means those investors are selling all or some of their investors to buy real estate to diversify their portfolios. And just like the rest of us here who enjoys financial freedom because of our crypto profits, we tend to used it to spend on other items. So there should be no surprises from this report and it could also be the trend not just in the US but other countries who are friendly to cryptos.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Aanuoluwatofunmi on May 24, 2024, 06:29:29 PM
Quote from: sirty143 on May 10, 2024, 12:17:33 PM
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds

As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. See more for yourself here (https://news.bitcoin.com/crypto-wealth-bolsters-real-estate-markets-and-consumer-spending-study-finds/).

Your opinion is greatly appreciated.

The first denial from wealth creation by the US government is the way they have been fighting against bitcoin and cryptocurrency adoption, knowing fully that their citizens were fully involved in this and they needed their privacy to be able to control their wealth and financial assets in a more secured and decentralized way, other means of assets investment like the real estate and gold were also centralized and have been a thing of the past for boom.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Rruchi man on May 24, 2024, 07:02:36 PM
Quote from: sirty143 on May 10, 2024, 12:17:33 PM
Your opinion is greatly appreciated.
The reason crypto wealth can bolster investment in other forms like real estate and also improve consumer spending is because anyone can easily invest in it, and if they are dedicated and disciplined enough to hold for a while to make profits, they can invest in other forms of investment. If someone directly tries to invest in real estate, they require a lot of money to do so, and low-income earners may not be able to do so. But the low income earner can comfortably buy Bitcoin in small amounts and percentages until it amounts to a lot that it improves their standard of living.
Title: Re: Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
Post by: Gurujebs on May 25, 2024, 11:33:05 AM
It's fascinating to see how cryptocurrency is impacting real estate and consumer spending. In my experience, I've noticed that as more people invest in crypto, they become more confident in their overall financial situation, which can lead to increased spending and investments in other areas like real estate.