Why Home Prices Keep Rising Faster Than Wages
Real estate has been the default store of value for generations. Buy a house, watch it appreciate, build wealth. It worked for decades. But the math is changing.
A median home in 1970 cost about $23,000, roughly 3x the median household income. Today the median home is over $400,000, roughly 6–7x the median income. Houses didn’t get 17x better. The dollar got 17x worse.
Real Estate as the Least Bad Option in a Broken System
Real estate hasn’t been a great investment. It has been the least bad option in a world where cash loses value every year. People flee into real estate because savings accounts pay less than inflation. This creates artificial demand that drives prices higher, making housing unaffordable for the next generation.
Bitcoin's Zero Carrying Costs and Fixed Supply
Bitcoin changes the equation. It has zero carrying costs. No property tax, no maintenance, no insurance, no HOA fees. You can send it anywhere in the world in minutes. You can carry your entire net worth across a border in your head with a memorized seed phrase. Try that with a house.
Real estate still makes sense as shelter. Owning where you live is valuable. But as a store of value — a savings technology — Bitcoin is superior in almost every measurable way. It’s more liquid, more portable, more divisible, has lower carrying costs, and a fixed supply of 21 million that can never be inflated.