After entering the cryptocurrency industry, my thinking mode in asset management has undergone a disruptive change, and I am almost obsessed with pursuing opportunity costs and optimal paths Today's topic is: Houses are NFTs, do you think renting or buying a house is more cost-effective? Take the discussion about buying a house with my friends just now and with my mom before as an example. I think a house is purely for consumption and cannot be considered an investment. From a traditional perspective, a house is an asset and a necessary consideration after the withdrawal of funds However, from my own perspective, it will take a long time for the house to reach a turning point, so before that, the house cannot occupy too much working capital, especially non essential housing. In my opinion, non essential housing is defined as having comfortable space while also considering larger surplus space, bustling areas, and even adding several vacant houses, etc Considering a US Treasury interest rate of around 4%: -Every 10 million yuan house can lose 400000 yuan in interest per year; -Ten years will result in a loss of 4 million yuan in interest; -And if you rent a house for about 10 million yuan, the monthly rent is 10000 yuan, and the ten-year rent is 1.2 million yuan -> Overall, renting is much more cost-effective than buying a house As long as modern people do not have the need to have children or buy a house, they can afford to work normally. It's just a matter of whether one can think about it or not. As long as one wants to think about it, buying a house is a false demand until enough accumulation is completed