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". They must go up always and forever. The entire world economy revolves around the appreciation of homes in highly developed countries like the US," Sorry, th
by aogaili 4y ago
". They must go up always and forever. The entire world economy revolves around the appreciation of homes in highly developed countries like the US,"
Sorry, that makes no sense. It's a bold, assertive statement that will render the whole situation hopeless.
And the economy doesn't really depend on housing, it depends on people doing productive things and innovating.
If a lot of people choose to speculate on housing, that's their problem when it stops going up or goes down, just like any speculative asset.