I've said this before in another thread. The way I square this conundrum is with the notion that you are born short housing. Your parents cover your short pos

I've said this before in another thread. The way I square this conundrum is with the notion that you are born short housing. Your parents cover your short position when you're growing up. But as an adult, renting is also continuing to short the market. Buying your first house is therefore just covering your short position. Its buying a second house that makes your position long.