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> If they made housing plentiful and cheap then nobody would buy it for any reason other than shelter Do you feel that's a bad outcome? The phrasing suggests s
by sk0g 5y ago
> If they made housing plentiful and cheap then nobody would buy it for any reason other than shelter
Do you feel that's a bad outcome? The phrasing suggests so, interested in why you feel that way.
- jeffbee 5y agoNo, it's the ideal outcome. Housing should not be an investment. You should just live in it and it depreciates. People should be able to make normal profits by building new ones. Nobody should profit from buying and selling old ones.
- TedDoesntTalk 5y agoThere wash a time that home ownership was considered a liability, not an asset (source: “Rich Dad, Poor Dad”.
- unmole 5y agoThat's a terrible source.
- TedDoesntTalk 5y agoWhy?
- jeffbee 5y agoThe whole book is self-help boilerplate wrapped around the advice to get rich by flipping real estate.
- TedDoesntTalk 5y agoI’m not sure why that invalidates the point.