3 ms·

OP means something more like "a security which appreciates on average faster than inflation", AKA an asset I can purchase and hold and sell later for more than

OP means something more like "a security which appreciates on average faster than inflation", AKA an asset I can purchase and hold and sell later for more than I paid for it+improvements in real terms.

lukas099 3y ago
I think we should shoot for house prices increasing at exactly the inflation level (after a correction for current high prices of course). To me, this would be good enough to be considered a 'good investment', and wouldn't be unfair to future generations.
- nsteel 3y ago
  The BoE desperately needs more knobs to control inflation, diversifying into house building is actually a great idea.
  - lukas099 3y ago
    Do you think central banks should be given jurisdiction over fiscal policy? Historically, they have been limited to monetary policy, no?
dumpsterdiver 3y ago
I don't mean to be a jerk, and this isn't directed at the parent poster, but when someone makes an argument that contains an unsound point that in a vacuum cannot hold up, that unsound point critically degrades the entire argument. When someone includes statements in an argument that can be trivially disputed, they should fully expect those weak points to be disputed. The rest of the argument, imo, does not deserve critique until the trivially disputable points are resolved.
- bloqs 3y ago
  I didn't make an unsound point, there was a misunderstanding by you. When talking about financial assets or investment, accessible means affordable, but affordable is a relative term, whereas somethings accessibility is a useful observation - "can working-class people buy one easily?"