We Study Billionaires - The Investor’s Podcast Network BTC199: Bitcoin's Collateral in Real Estate w/ Leon Wankum (Bitcoin Podcast)
16 snips
Sep 11, 2024 Leon Wankum, a major investor and developer, shares his insights into the intersection of Bitcoin and real estate. He discusses how rising inflation is reshaping the real estate landscape, particularly in city centers, and the markdown of commercial properties. Wankum dives into Bitcoin's potential as collateral for real estate loans, serving as a hedge against inflation. He also explores how Bitcoin-backed loans differ from traditional financing, offering efficiency and lower interest rates, ultimately transforming investment strategies in a fluctuating economic environment.
AI Snips
Chapters
Books
Transcript
Episode notes
Inflation Persistence
- Continued inflation is likely due to government debt.
- Governments must issue more currency to service existing debt, creating more inflation.
CapEx Inattention
- Leon Wankum discusses his real estate experience since 2015.
- Low interest rates masked rising CapEx costs, leading to inattention until recent rate hikes.
Real Estate as Money
- Real estate's value rise mirrors fiat debasement, indicating its use as a store of value.
- Its scarcity and favorable financing contribute to this monetary premium.
