It seems to me that real estate is the locus of a colossal regulatory failure that has already created one trainwreck (2008) and will just continue to spawn mor

It seems to me that real estate is the locus of a colossal regulatory failure that has already created one trainwreck (2008) and will just continue to spawn more until people start taking a look at the system and honestly evaluating how much of it is rational. Making everybody who wants to live in a stable home get involved in the real estate market is sort of like making everybody who wants a computer buy tech stocks. It's insane, and leads to a completely insane market. I own a house despite the fact I know nothing about houses and don't want to own a house, because the alternatives are far worse. When you get a situation where the incentives are all set up to make people act in a way that's not only destructive, but also blatantly unsustainable for everybody involved, it means the government is sleeping at the wheel.