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A lot of what you say resonates with my experience but... 'Then people decided that housing was an asset, an investment. The people that decided this were in f
by dazc 10y ago
A lot of what you say resonates with my experience but...
'Then people decided that housing was an asset, an investment. The people that decided this were in finance...'
I can remember when the obsession with house prices began and I'm not sure those in finance were entirely to blame for this?
I live in Spain at the moment and it's interesting how people seem to be much happier, partly because they are not (in general) obsessed with the monetary value of their homes.
- branchless 10y agoCredit is the driver. You might be obsessed with jet planes - you can't get a loan for one. And it's not essential.