3 ms·
Human's are naturally short housing. Owning a home closes the short. We unfortunately don't have a suitable financial product to "own" shelter, but not be bou
by lumost 4y ago
Human's are naturally short housing. Owning a home closes the short. We unfortunately don't have a suitable financial product to "own" shelter, but not be bound to a location.
I'm kinda surprised that a suitable contract for permanent fractionated ownership of an abstract housing unit which you can live in doesn't exist. Granted it's a complex set of incentives to balance.
- nradov 4y agoYou can invest in REITs that own residential property.
- lumost 4y agoI can't live in a REIT.
- imtringued 4y agoIt is called a citizen's dividend paid through land value taxes. It means everyone gets an equal share of land on the planet.