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Next: try to convince everyone in America to stop treating houses as an appreciating asset. Tear down houses, recycle what material is recyclable, and build ne
by quartesixte 5y ago
Next: try to convince everyone in America to stop treating houses as an appreciating asset.
Tear down houses, recycle what material is recyclable, and build new ones.
And build smaller.
- aluminum96 5y agoTo do this, we have to break the cycle of housing price inflation: as housing stops appreciating (because we start building enough supply), people will have progressively smaller investment in their homes, and won't be as dependent on home appreciation for their financial welfare.