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> > If you don't own a home, you are effectively short the housing market. > No, the same way that you aren't short on Tesla if you merely don't own any Tesla
by dllthomas 8y ago
> > If you don't own a home, you are effectively short the housing market.
> No, the same way that you aren't short on Tesla if you merely don't own any Tesla shares.
I'm not required to produce Tesla shares every month for the rest of my life. It's not precisely that I need to own "one home" to be "neutral housing", but I need a claim on enough housing for myself (and those I'm responsible for) that I don't have to keep paying market rate for.