Re:Are we too busy to enjoy life?
by rrrrrrrrrrrryan on Thursday April 30, 2020 @03:16PM
(#23034909)
Housing prices haven't been based on the underlying asset for decades.
An expensive home is a place to live and sleep, but it's also:
1) a ticket of admission into a good school district
2) a ticket of admission to a local economy with well-paying jobs
3) a retirement investing account
I do think changing the way schools are funded will help the first point, and the rise of remote-work will help with the second point, but as to the third point - who knows. There are too many government incentives to buying a home that I don't think it'll change any time soon.
An expensive home is a place to live and sleep, but it's also: 1) a ticket of admission into a good school district 2) a ticket of admission to a local economy with well-paying jobs 3) a retirement investing account
I do think changing the way schools are funded will help the first point, and the rise of remote-work will help with the second point, but as to the third point - who knows. There are too many government incentives to buying a home that I don't think it'll change any time soon.