11 ms·

Real estate is often seen as a safe investment. If property prices fall then it is no longer an investment.

• drekk 3y ago
  It's a "safe investment" because people need a place to live and the supply is artificially constrained. Personally don't see why the barrier to having a place to live for new generations should be raised just so that boomers can guarantee returns on an asset.
• HWR_14 3y ago
  So the harm is people will invest in the stock market instead of buying real estate to rent out?
• polygamous_bat 3y ago
  > If property prices fall then it is no longer an investment. So people who want to park their money in a house rather than living in it are discouraged to buy up the available housing. Yup, good. Seems like it should be going exactly as expected.
  • mortureb 3y ago
    Good if it’s nationwide but that’s not the case here. You’re just going to have a city with no development besides the one carried out by government.
  • deleted 3y ago
    [deleted]