After entering the cryptocurrency space, my mindset regarding asset management has undergone a revolutionary change, with an almost obsessive pursuit of opportunity cost and optimal paths.

Today's topic is: A house is just an NFT, would you say renting or buying a house is more cost-effective?

Take for example the discussions I had just now with friends and previously with my mom about buying a house. I believe that a house is purely a consumption item and can no longer be considered an investment. From a traditional perspective, a house is an asset and a necessary consideration after liquidating funds.

However, from my own view, it will take a long time for houses to reach a turning point, so until then, houses should not occupy too much liquid capital, especially non-essential housing. My definition of non-essential housing is based on having a comfortable space while also considering excessive space, prime locations, or even having a few vacant properties, etc.

Considering U.S. Treasury yields around 4%:

- A house worth 10 million can lose 400,000 in interest per year;

- Over ten years, that would amount to a loss of 4 million in interest;

- On the other hand, if you rent a similar 10 million house for a monthly rent of 10,000, over ten years that totals 1.2 million——>

Overall, renting is much more cost-effective than buying.

As long as modern people do not have the need for childbirth or home buying, the money earned from regular work is more than enough to cover expenses. It’s just a matter of mindset; as long as one has a positive outlook, buying a house before accumulating sufficient wealth is merely a false demand.