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I think housing prices going up is the problem. Real estate has been growing at at least 10 years of growth for every real year since 1996. The financial crisis
by alexnewman 7y ago
I think housing prices going up is the problem. Real estate has been growing at at least 10 years of growth for every real year since 1996. The financial crisis was a speed bump and we are far beyond those highs
- smcg 7y agoHousing prices go up because housing is treated as a commodity and financial investment (ideally, it should be neither).
- horsawlarway 7y ago> ideally, it should be neither Why? And after that, how? I can't possibly imagine housing not being treated this way as long as the population is growing. And it's not really even housing that's driving the issue, it's LAND. In some form or another, basically everything of value that's not IP (and arguably even IP) requires land use.