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This is one of the reasons that Germany housing policy is so successful: http://www.forbes.com/forbes/welcome/#1ef0063ebb2d http://www.forbes.com/forbes/welcome
by Futurebot 11y ago
This is one of the reasons that Germany housing policy is so successful: http://www.forbes.com/forbes/welcome/#1ef0063ebb2d http://www.forbes.com/forbes/welcome/#1ef0063ebb2d
In the US, housing is treated as an asset, which is a huge mistake. In place like Germany, most people are renters because: rents stay fairly low, the government reassesses population periodically to allow more houses to get built, and renters have plenty of rights. Here, we allow houses to act as a hybrid place to live, ATM, and stock.
- Terr_ 11y agoLiving in your investment is a bit like having your 401K funds invested in your employer: If something goes wrong, you're doubly-screwed.