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>We can't have this, because a huge fraction of household wealth is tied up in people's houses. If you stop protecting them as investment accounts, you nuke the
by willis936 3y ago
>We can't have this, because a huge fraction of household wealth is tied up in people's houses. If you stop protecting them as investment accounts, you nuke the retirement accounts of 100 million people.
As someone staring down never having the ability to get into that club: that's a price I'm willing to pay.
In fact I'm willing to pay much more than that. This is the issue that dictates my vote.
- hotpotamus 3y agoI don't think I follow - which club are you not getting into, retirement or home ownership? Because if you don't have a home, then you aren't the one paying if the value decreases.
- willis936 3y agoI don't own a home. Housing depreciation is a price I'm happy to pay. That is indeed the cheekiness of my comment.