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How? If an asset goes up in value then that means someone is paying more for it at the end of the day. Thus, it’s less affordable... If your argument is about
by bradlys 6y ago
How? If an asset goes up in value then that means someone is paying more for it at the end of the day. Thus, it’s less affordable...
If your argument is about splitting up land use by building higher, it still is true. At the end of the day, that land became more expensive and you are less able to purchase the land.
Appreciating asset and affordability are opposites by definition.
- swiley 6y agoYou're less able to purchase the same size of land but size really isn't that interesting unless you're planning to farm it.