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That is a very interesting way to think about it, but I am not sure that it works fully. By extending that principle, wouldn't anyone that can't afford to own s
by eindiran 8y ago
That is a very interesting way to think about it, but I am not sure that it works fully. By extending that principle, wouldn't anyone that can't afford to own shares in TSLA or MSFT be short then? In this framework it seems like you can't be "neutral", ie neither short nor long.
- bgirard 8y agoNo, because you need a home to live. OP is arguing that living in a home you don't own and being exposed to the housing market through your rent costs is equivalent to being 'short'.
- eindiran 8y agoOkay that's a fair point. In the housing case, you aren't simply not participating; your money is exposed to the housing market in the form of rent. I buy that.
- deleted 8y ago[deleted]