While I might consider an area to be "C" class, someone else might consider it to be "B" class.A lot of the minute details is going to depend on you and your perception. 

But what Bitcoin has at the moment is the network effect and the  growing perception of being a permanent player in the arena. 

The problem, if there is one, is the perception that one should get all of your money back out of a property.

Nicholas - what advice would you give me to help change this perception that BP has made everyone feel like they’re missing out, even if that means investing in expensive deals?

While some point to tax benefits or the potential for higher interest rates compared to banks, the real motivation is usually the perception that the seller can secure a higher price by offering financing.

Likely due to low occupancy and the perception a different use has more demand.

It’s hard to hear this perception shift, as to me it seems like we are just building on our foundations.

And depending on the conditions, would we want them to happen (from a larger societal perspective)?

It’s a quirky story, but will open your eyes to a different perception of employment and how real estate can be a great vehicle to wealth.I wish you all the best!

Anybody who don't understand balance in société.