5 ms·
>Housing is not supposed to be an investment vehicle. I always take issue with this when I see it. Who is making the supposition, and what reality do they live
by s1artibartfast 2y ago
>Housing is not supposed to be an investment vehicle.
I always take issue with this when I see it. Who is making the supposition, and what reality do they live in.
It is a durable capital asset which provides either revenue or cost savings. In what economic world is that not an investment of some sort.
Should housing be a bad investment?
- HarryHirsch 2y agoCapital equipment is also a durable asset, but it is productive. Sick of stumbling over hundred homeless whenever I go shopping, and then there's the knock-on effects of people not being able to take jobs because of the excessive costs of housing.
- s1artibartfast 2y agoHousing is very productive. It produces shelter. I dont like homeless people either. We need to build more housing. Shouting at the clouds about price does not solve that.