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I think the article means 'assets', not commodities. They're saying investment in real estate is leading to (a) long commutes for poor people and (b) empty hous
by awinter-py 10y ago
I think the article means 'assets', not commodities. They're saying investment in real estate is leading to (a) long commutes for poor people and (b) empty houses causing commercial blight.
Thought it was going to be about how cookie-cutter apartment buildings tend to have nice fixtures but thin walls & inefficient heating/cooling.
- RodericDay 10y agothe idea that everyone with a nest-egg should run out and buy property, any property, and expect it to go up in price, seems "commodity-like" to me
- awinter-py 10y agothere was a commodity bubble in the 00s, but not every asset bubble is in commodities.