Making housing more affordable means your home's value will have to come down

Re:Making housing more affordable means your home's value wi... by s1artibartfast on Sunday June 02, 2024 @11:08PM (#40558997)

Thanks for explaining. your are talking about exposure to cost increases relative to your intended purpose.

I hold that still depends on what your alternative investment opportunities are. If you buy the $1M house when you actually want the $2M house, you are still locking in 50% of the cost. Thats a good thing if the alternative investments perform poorly, and a bad thing if the alternatives are better.

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Re:Making housing more affordable means your home's value wi... by qeternity on Tuesday June 04, 2024 @03:52AM (#40571799)

Yep, you are indeed locking in part of the cost, but you are still implicitly net short and thus better off if prices fall vs rise.

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