There is undersupply in houses in good markets. This is why I invest in a house in a good market. There is oversupply in most business categories. This is why I

There is undersupply in houses in good markets. This is why I invest in a house in a good market. There is oversupply in most business categories. This is why I would rather invest in a house. What are these business needs that will be met if I reallocate my capital? Do we need another car company? Can Amazon.com not raise enough capital to grow AWS? etc etc People who invest in homes in good markets understand supply and demand pretty well. For most people, a home is an investment they understand which delivers utility every day they live in it and augments their retirement when they downsize. It isn't very complicated. I think the subtext here, for better or for worse, is that regular folks have made a lot of money off of real estate since the 2009 crash. Startup people like to think of themselves as smart, and it bothers many of them that regular folks have actually done quite well while they are rolling the dice. Smart people are supposed to have better outcomes than regular folk, apparently.