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A comment on Housing Can’t Be Both Affordable and a Good Investment (2018). Parent comment

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by dominotw on Wednesday May 01, 2019 @11:35PM (#19804446)
>you can ride out housing market downturns until home values recover

not if you owned a house in detroit or any number of downturn cities.

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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by asaph on Wednesday May 01, 2019 @11:42PM (#19804492)
Not so fast! Even Detroit is recovering.

https://www.trulia.com/real_estate/Detroit-Michigan/market-t...

Perhaps patience will be rewarded in Detroit too.

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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by dominotw on Thursday May 02, 2019 @12:10AM (#19804638)
https://en.wikipedia.org/wiki/Sunk_cost

why do they have to hold on to some hope of price incrase just because they bought a house. Instead of having the freedom to choose the best investment like everyone else.

Sure hold on to it if you really think its the best investment for your money( i really doubt detroit house is best you can do with your money), not because of some sentimental value.

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