3 ms·
Problem is, housing is key to a rich life. Whether you live in a car-dependent suburb, or in a city, real estate that lets you save time when living will alway
by danuker 4y ago
Problem is, housing is key to a rich life.
Whether you live in a car-dependent suburb, or in a city, real estate that lets you save time when living will always be more valuable.
In addition, low interest rates might be the reason people CAN buy houses with enormous valuations. Not just housing is overvalued, but companies' stocks also.
https://www.multpl.com/shiller-pe https://www.multpl.com/shiller-pe
- dubswithus 4y agoHousing anywhere is expensive for the remote worker that doesn't need to be close to the city because property has dramatically increased in price relative to wages. > Not just housing is overvalued, but companies' stocks also. Berkshire has outperformed houses.