Similar experience - I was recently at a neighborhood get-together and discussion came up around how everyone was benefiting from property price rises and consi

Similar experience - I was recently at a neighborhood get-together and discussion came up around how everyone was benefiting from property price rises and considering second homes (rentals, batches/holiday homes). It weirded me out but for a different reason: I couldn't avoid thinking about income inequality and dropping home ownership among younger generations in our country. Having a discussion about acquiring additional properties to seek rental income or to sit vacant for the majority of the year, and not factoring in that big issue, just didn't sit right with me. Not wanting to derail the mood or upset my neighbors, I just didn't actively participate. But I've been stewing on it for days since. Back on the topic of waterfront real estate, there have been some really interesting articles linked on HN recently about Miami's situation - seemingly irrational activity happening in a city facing straight into the threat of rising ocean levels: https://popula.com/2019/04/02/heaven-or-high-water/ https://popula.com/2019/04/02/heaven-or-high-water/