4 ms·
Articles like this miss the fact that having a shelter is one thing, but homes are also an important investment for the people that live in them. So much so tha
by kodah 4y ago
Articles like this miss the fact that having a shelter is one thing, but homes are also an important investment for the people that live in them. So much so that they are the default strategy of most financial planners and are only rivaled by complicated financial tools that involve insurance savings programs.
I welcome the talk about more housing, but people need to remember: most of what we need aren't rentals. We need places people can own.
- delecti 4y agoSomething cannot be an investment without scarcity, but housing is required to live. The problem is not "not enough houses to own" it's people hoarding houses as investment to the detriment of people's fundamental need to shelter.
- TulliusCicero 4y agoGermans mostly rent and it's fine. Because they have tenant protection laws.
- trinovantes 4y agoHere's a crazy idea: a basic human need shouldn't be an investment vehicle.