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What is better than having health is a wealth that is ownership of capital. Capital exchange goes through the conversion of money into commodity into money of a
by CrackerNews 4y ago
What is better than having health is a wealth that is ownership of capital. Capital exchange goes through the conversion of money into commodity into money of altered value. This can help provide the means of attaining great health.
Another way to look at it is home ownership becoming more of a pipe dream for newer generations. More investment will be needed in order to participate and reap from the housing market. This is over a basic human need of shelter.
- ThorsBane 4y agoHealth comes first. Without health, you cannot work to produce that wealth. Very few people inherit meaningful amounts of wealth. The next generations will have capabilities for boosting their health that nobody else has had before. Home ownership is an easy problem to solve. We need to build more property and develop and redevelop existing properties. We need more investors, more builders, more construction, more new shopping malls, more infrastructure spending, larger infrastructure products. We can print fiat to fuel this because it's tied to real economic gains and the increased movement of all commodities. It is not a choice between treating real estate as investment vs a basic human need of shelter. When you properly allow supply to meet demand by getting out of the way of construction and investment and business to build the products (the houses), the supply will rise to meet the demand. Some places have artificial blockers on the ability of supply to rise to meet demand. Most of the United States does not have this problem because of how giant a landmass it is and how much open space there is to continually develop, redevelop, and reforst over the coming thousand years.