Could Investing in Bitcoin Help You Buy Your Next House?
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Due to the rising cost of housing in America, many young people now think they might not ever be able to afford a new house. But don't worry, Bitcoin (CRYPTO: BTC) could change all that and make home ownership a reality.At the end of June, the U.S. Federal Housing Finance Agency issued a new directive, instructing both Fannie Mae and Freddie Mac to count Bitcoin as an asset on single-family home mortgage applications. Previously, mortgage applicants had to convert any Bitcoin holdings into U.S. dollars if they wanted their crypto to count.Given Bitcoin's rapid price appreciation over the past decade, this move could end up being a real game-changer. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool