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If it hurts their ability to invest in assets, then yes. Assets tend to appreciate over time and represent an excellent store of value. Taking that option away

If it hurts their ability to invest in assets, then yes. Assets tend to appreciate over time and represent an excellent store of value. Taking that option away from people matters very much.

SpicyLemonZest 6y ago
I'm not sure I see how an increase in the value of assets hurts people's ability to invest in them.
- bradstewart 6y ago
  Some assets are indivisible, so increasing value makes it unaffordable. You can't buy a fraction of a house. For things like stocks, if the increased value is driven by inflation, you get less for your money. So it takes more money to store the same amount of value there.
  - jcranmer 6y ago
    > You can't buy a fraction of a house. Isn't that basically what a REIT is? It's also possible to enter into joint ownership of a property. Roommates are also kind of like acquiring a fraction of a house.
    - take_a_breath 6y ago
      ==Roommates are also kind of like acquiring a fraction of a house.== Unless you rent, in which case you are acquiring a fraction of the liability without acquiring any house.
  - betterunix2 6y ago
    Actually you can buy a fraction of a house: https://en.wikipedia.org/wiki/REIT https://en.wikipedia.org/wiki/REIT
    - nostrademons 6y ago
      Can't really live in a REIT though.
      - betterunix2 6y ago
        No, but the question was about assets, not housing. A house you own is an asset but your housing arrangement may not be (e.g. if you rent). So for example, a person might rent a place to live in and invest in a REIT to build real estate equity (assuming they specifically want such assets) if they cannot afford to buy an entire house (e.g. if they do not have the money to make a down payment).
    - cdiddy2 6y ago
      You can even buy a fraction of a house on ethereum! https://realt.co/ https://realt.co/
- baconandeggs 6y ago
  Because oddly enough, you can't buy classic cars as investment if you don't have the money.
- take_a_breath 6y ago
  If assets appreciate faster than wages rise, it creates price-points that are too high for people to invest.

If it hurts their ability to invest in assets, then yes. Assets tend to appreciate over time and represent an excellent store of value. Taking that option away from people matters very much.

SpicyLemonZest 6y ago

I'm not sure I see how an increase in the value of assets hurts people's ability to invest in them.

bradstewart 6y ago
Some assets are indivisible, so increasing value makes it unaffordable. You can't buy a fraction of a house. For things like stocks, if the increased value is driven by inflation, you get less for your money. So it takes more money to store the same amount of value there.
- jcranmer 6y ago
  > You can't buy a fraction of a house. Isn't that basically what a REIT is? It's also possible to enter into joint ownership of a property. Roommates are also kind of like acquiring a fraction of a house.
  - take_a_breath 6y ago
    ==Roommates are also kind of like acquiring a fraction of a house.== Unless you rent, in which case you are acquiring a fraction of the liability without acquiring any house.
- betterunix2 6y ago
  Actually you can buy a fraction of a house: https://en.wikipedia.org/wiki/REIT https://en.wikipedia.org/wiki/REIT
  - nostrademons 6y ago
    Can't really live in a REIT though.
    - betterunix2 6y ago
      No, but the question was about assets, not housing. A house you own is an asset but your housing arrangement may not be (e.g. if you rent). So for example, a person might rent a place to live in and invest in a REIT to build real estate equity (assuming they specifically want such assets) if they cannot afford to buy an entire house (e.g. if they do not have the money to make a down payment).
  - cdiddy2 6y ago
    You can even buy a fraction of a house on ethereum! https://realt.co/ https://realt.co/
baconandeggs 6y ago
Because oddly enough, you can't buy classic cars as investment if you don't have the money.
take_a_breath 6y ago
If assets appreciate faster than wages rise, it creates price-points that are too high for people to invest.