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  • Money Magazine

    When less is more

    Feb 24, 2021 4 minutes
    STORY PETER ESHO

    The meteoric rise of Bitcoin – to more than half a trillion dollars in market capitalisation – foreshadows what is to come for other rare assets, including real estate. Bitcoin’s growth indicates global investors are moving their money into different assets.

    It’s likely in 2021 we’ll see real estate prices increase as many Aussies take their savings out of paper money and invest elsewhere. They are losing faith with money sitting in the bank – a trend that is predicted to grow.

    The best real estate is the rarest real estate. Anything that is rare rises in value because of supply constraints. This is no different from cryptocurrencies like Bitcoin, which – unlike government-issued dollars – is not issued by a

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