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This +1. Housing I the US is broken in a fundamental way, it needs to be seen as a bad investment to get better. If we targeted say 2% annual price decreases in
by mchusma 5y ago
This +1. Housing I the US is broken in a fundamental way, it needs to be seen as a bad investment to get better. If we targeted say 2% annual price decreases in housing, the world would be better off.
- missedthecue 5y agoWho would offer a 30 year loan on an asset guaranteed to depreciate?
- prometheanfire 5y agoThe same people that offer loans for cars...
- missedthecue 5y ago30 year loans for cars at 2.25% interest rates?
- fleddr 5y agoYou don't buy a house, you buy land. That's why it appreciates in value.