Re:Home ownership is the West’s biggest economic-policy mistake
by bradlys on Tuesday April 20, 2021 @11:45AM
(#26876190)
How? If an asset goes up in value then that means someone is paying more for it at the end of the day. Thus, it’s less affordable...
If your argument is about splitting up land use by building higher, it still is true. At the end of the day, that land became more expensive and you are less able to purchase the land.
Appreciating asset and affordability are opposites by definition.
If your argument is about splitting up land use by building higher, it still is true. At the end of the day, that land became more expensive and you are less able to purchase the land.
Appreciating asset and affordability are opposites by definition.