When people make the case for investing in crypto, they often point out its benefits compared to fiat and gold. But here in the UK at least, most investment is in the frankly insane housing market. Check out the title of this article in The Telegraph this week: 'Leaving London? The best commuter villages to buy a home in for less than £700k'. That's just under a million dollars, and will buy you... a nice family house. We'll never get mass adoption of crypto here unless people think it's a better bet than putting money into property. #UnitedKingdom
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House prices are baffling. You get so little for your money now that I've seen three of my friends buying narrow boats instead.