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A comment on The Fed now owns nearly 1/3 of all U.S. mortgages. Parent comment

Re:The Fed now owns nearly 1/3 of all U.S. mortgages by proverbialbunny on Wednesday September 09, 2020 @01:50PM (#24423705)
It used to be that buying a car was an investment. It's one of the reasons the US got so car happy.
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Re:The Fed now owns nearly 1/3 of all U.S. mortgages by _dps on Wednesday September 09, 2020 @02:46PM (#24424318)
It was (and remains) an investment in the sense that it allowed you to live in a nicer place farther from work, or to commute to a job you otherwise couldn't take.

But was it ever an investment as an appreciating asset per se? I'm not aware of such a situation but I'd be interested to learn otherwise.

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Re:The Fed now owns nearly 1/3 of all U.S. mortgages by proverbialbunny on Thursday September 10, 2020 @02:12PM (#24434991)
Yes, buying a car was an investment as in you can buy it and then later sell it used for a higher price than you bought it.
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