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I guess you are unaware of all the money people pour into their homes - renovations, furniture, upkeep, maintenance. People spend all kinds of money on nice thi
by acchow 5y ago
I guess you are unaware of all the money people pour into their homes - renovations, furniture, upkeep, maintenance. People spend all kinds of money on nice things, but nothing comes close to the home itself. There will always be a market for this.
- turtledove 5y agoMy home is currently valued at 1.7m. I'm acutely aware of the cost of owning and maintaining a home. But "homes have costs" does not axiomatically lead to "housing must therefore be a market."
- acchow 5y agoNo, but people want nice homes and are willing to spend a ton for it.