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The point is that any asset class can crash, and it's very relevant. People need to stop treating housing with the expectation that the value of a house should
by davidw 9y ago
The point is that any asset class can crash, and it's very relevant.
People need to stop treating housing with the expectation that the value of a house should grow and grow and grow, because that's part of how we got to all this NIMBY bullshit.
- deleted 9y ago[deleted]
- Armisael16 9y agoIt really isn't relevant. The question was "How do the Japanese build wealth, then?" and your response was "the US housing market can also crash".