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> We all need somewhere to live. Also most of us (those who have incomes) need a place to save. The first is a crucial need, the second is a want. > It is a p
by goodpoint 4y ago
> We all need somewhere to live. Also most of us (those who have incomes) need a place to save.
The first is a crucial need, the second is a want.
> It is a problem that the two things are confused now.
Yes, that's what I meant. And when they mix together the investment market takes over because it drive prices above the house-as-necessity market. Which translates into: houses are taken away from people who need shelter and give to people with money to invest.