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Additionally, home-ownership has the unique feature to be financed with money which would otherwise be a sunken cost. I like the idea of some kind of modern/vi
by allendoerfer 10y ago
Additionally, home-ownership has the unique feature to be financed with money which would otherwise be a sunken cost.
I like the idea of some kind of modern/virtual self-sustained living, where you own your house, produce your own energy and cover all costs by dividends from stocks of the same companies you buy products from.
- pjc50 10y agoOwnership by the workers of the means of production and distribution! ;)
- allendoerfer 10y agoYep, but actual ownership of a share with the choice on what to own on top of a capitalist base, not forced ownership together with everyone else through a state with corrupt elites.
- hx87 10y agoA home is a massively illiquid and spectacularly undiversified asset, and the same benefits can be gained by, say, investing in a spread-out housing cooperative with a diverse set of owners.