Re:Baby boomers are becoming homeless at a rate not seen sin...
by mcv on Monday September 25, 2023 @10:53AM
(#37644828)
Exactly. I see houses primarily as a roof over your head, not as an investment. And I think the investment attitude has done a lot of harm to the housing market, leading to extortionate practices and artificial scarcity.
I wouldn't even complain if all houses halved in value, despite being a homeowner. That my home would be worth less is irrelevant, because I'm not selling it, and if I was, I'd have to buy a new house anyway. People who see houses as investment would hate it, of course.
I wouldn't even complain if all houses halved in value, despite being a homeowner. That my home would be worth less is irrelevant, because I'm not selling it, and if I was, I'd have to buy a new house anyway. People who see houses as investment would hate it, of course.