3 ms·
exactly. i'm actually ok with a primary home being a modest investment (like 0-1%/year appreciation over inflation, but not 2+%), i'm unabashedly against naked
by clairity 6y ago
exactly. i'm actually ok with a primary home being a modest investment (like 0-1%/year appreciation over inflation, but not 2+%), i'm unabashedly against naked wealth extraction via the corporatized investment mentality, leaving people homeless, or at the very least broadly overleveraged (a profoundly negative externality).
there's also the oft-mentioned japanese view that homes are a depreciating asset, though land values remain quite high, so the asset class is still modestly investible, iirc.