RE: The Ideal Use Case For Bitcoin?
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Good points.
What I'm a bit worried about is Mortgage Backed Securities. In light of what you have written about the construction industry and the real estate sector being likely to be transformed in the next 10-20 years could mean that the valuations of current real estate may take a nosedive. Are we going to have another crisis like in 2008 on our hands?
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A good chance of it for a couple different reasons. I think the thing to watch now is the CMBS market. Commercial real estate is in rough shape in my opinion.
Long term, yes the change in valuations will cause a lot of problems with the homes as collateral.
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