4 ms·

I was with you until the last sentence. When has housing ever not been an asset class? Real estate is and was the original asset class.

• klibertp 4y ago
  I think "housing" here means "real estate" + "people living inside".
  • wbsss4412 4y ago
    I’m not sure how that distinction makes a difference. Within the western world, that has always been the primary basis of one’s wealth until fairly recently.