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that’s because the primary house of an assetholder is a non-productive asset. this factor is one of the reasons why housing (especially single-family homes) bei
by clairity 5y ago
that’s because the primary house of an assetholder is a non-productive asset. this factor is one of the reasons why housing (especially single-family homes) being considered an investment is fraught. only income-producing assets (excluding rents, because that’s not income but rather deadweight loss) should be considered investments.
- nichohel 5y agoAs I said, this concept also applies to other asset classes inflated by QE, such as stocks. I didn't say the house was the primary house (in which case there is some capital gain exclusion complicating matters anyway). So, no.