3 ms·
All policy decisions aside… At an individual level (in the US), it’s prudent because over the last 50 years homes have been shown to keep their value and beat i
by ekerstein 5y ago
All policy decisions aside… At an individual level (in the US), it’s prudent because over the last 50 years homes have been shown to keep their value and beat inflation. For many people it’s a rare chance to accumulate wealth, especially if there is a bubble forming in their market. Therefore, they have an interest in whether their neighbors make decisions that lower their home value.