Agreed about individual homeowners; which is why the use of homes as an investment vehicle is intimately tied with institutionalized racism and redlining. You c

Agreed about individual homeowners; which is why the use of homes as an investment vehicle is intimately tied with institutionalized racism and redlining. You could not “invest” in redlined areas as banks would not issue mortgages on those properties. So those houses never appreciated in value the same as houses in non-redlined areas, and the generational wealth created by owning your own home was only available to those homeowners in non-redlined areas. The history of redlining is incredibly recent (it was in full force well into the 1990s), so it’s not something we can pretend is a historical artifact. Highly recommend The Color of Law for more on this subject, it really opened my eyes on how laws used to encourage homeownership were also used to marginalize black people.