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A comment on U.S. house prices are rising exponentially faster than income. Parent comment

Re:U.S. house prices are rising exponentially faster than in... by mchusma on Saturday October 30, 2021 @09:59AM (#29048803)
This +1. Housing I the US is broken in a fundamental way, it needs to be seen as a bad investment to get better. If we targeted say 2% annual price decreases in housing, the world would be better off.
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Re:U.S. house prices are rising exponentially faster than in... by fleddr on Saturday October 30, 2021 @04:05PM (#29051896)
You don't buy a house, you buy land. That's why it appreciates in value.
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Re:U.S. house prices are rising exponentially faster than in... by missedthecue on Saturday October 30, 2021 @11:12AM (#29049387)
Who would offer a 30 year loan on an asset guaranteed to depreciate?
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Re:U.S. house prices are rising exponentially faster than in... by prometheanfire on Saturday October 30, 2021 @02:40PM (#29051234)
The same people that offer loans for cars...
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Re:U.S. house prices are rising exponentially faster than in... by missedthecue on Saturday October 30, 2021 @03:49PM (#29051795)
30 year loans for cars at 2.25% interest rates?
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