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>biggest single costs the average person faces is housing right, and because we do not have a fair market with price discover, and regulation has hindered prog
by Jerrrry 5y ago
>biggest single costs the average person faces is housing
right, and because we do not have a fair market with price discover, and regulation has hindered progress, this has led to a basic living need to become a speculative asset, much to the loss of the average homebuyer.
if you expect your home to grow in value, you cannot also expect your son or daughter to be able to afford it in the same way.
- ben_w 5y agoIt’s not (just) about regulation; even inside Germany, there’s a massive price difference between similar properties in different locations. But I certainly agree with you about the second point, it’s frustratingly hard to getting the relevant people to accept that allowing homes to become investments also makes them unaffordable.