3 ms·
Real estate, at least the land aspect of real estate, should never be an investment. It leads to misallocatiom of resources and rentierism. The only aspect of
by epistasis 3y ago
Real estate, at least the land aspect of real estate, should never be an investment. It leads to misallocatiom of resources and rentierism.
The only aspect of "investment" should come from proper maintenance of structures, and replacing structures with greater density as soon as the land values justify it.
Home ownership as investment has been a generational disaster