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A comment on Home ownership is the West’s biggest economic-policy mistake. Parent comment

Re:Home ownership is the West’s biggest economic-policy mistake by dslkfjg on Tuesday April 20, 2021 @09:46AM (#26874569)
The number of people who buy homes to live in them greatly exceeds the number of people who buy homes as investments. That seems obvious to me. The only way most housing could be investment property is if investment vehicles each had so many houses, literally tens or hundreds of thousands, that their total ownership exceeded that of ordinary people .

As it turns out, this is not the case:

https://www.statista.com/statistics/187576/housing-units-occ...

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Re:Home ownership is the West’s biggest economic-policy mistake by pbhjpbhj on Tuesday April 20, 2021 @12:10PM (#26876597)
Perhaps the parent is suggesting that people might only buy because it's also an investment and would otherwise rent?

FTSE100 appears to have doubled in 20 years, my house in a poor UK city has quadrupled in value. Starting wages have increased by about 70%.

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