3 ms·
> Meanwhile, as we continue to not build housing (a trend over the last ~50 years), the price of renting continues to increase and the value of a house that you
by anyfoo 5y ago
> Meanwhile, as we continue to not build housing (a trend over the last ~50 years), the price of renting continues to increase and the value of a house that you had previously bought also increases.
Yeah, that of course would be the major incentive to buy a house. But on the other hand, living in the Bay Area, buying into this market feels a bit like gambling to me. Do I really believe property prices will come crashing down? Not really. Am I certain enough to lock myself into a suboptimal situation at a gargantuan price? Also no...