3 ms·
er..you check local rents and use that number instead of guessing. property values ultimately determined by rents and yields. this is not circular at all. no
by james1071 13y ago
er..you check local rents and use that number instead of guessing.
property values ultimately determined by rents and yields.
this is not circular at all.
not possible to value Bitcoin in the same way.
- shawabawa3 13y ago> property values ultimately determined by rents and yields And rents and yields are determined by what people are willing to pay to rent the property. Just like bitcoin value is determined by what people are willing to pay for bitcoins. You're right your argument wasn't circular, what I meant was you were just pushing it to another level. The sale value is based on the rent value, but what is the rent value based on?
- james1071 13y agoAs I have said, it is straight forward to come up with a valuation range for a property. At the bottom of the range, it would be attractive to borrow money and rent it out. You cannot value Bitcoin like this because it does not produce an income and is not linked to the value of any other asset.