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> The challenge you have is that people view housing as an investment. Is there any source to this claim? "View as investment" would mean people buy the house
by jjav 6y ago
> The challenge you have is that people view housing as an investment.
Is there any source to this claim? "View as investment" would mean people buy the house with the specific aim of making a profit.
As a middle aged homeowner in suburbia where all my acquaintances are in the same demographic, I can't think of anyone ever saying they bought a house with the goal to make a profit.
People buy a house so the kids have a place to play and to stabilize the housing expenses to make budgeting easier. Whether it can be sold for a profit or not in 40 years is not a consideration.