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Great. Housing should not be an investment and chasing ever-increasing property values as a society is obviously unsustainable. If you own a house as your prima
by OxO4 2y ago
Great. Housing should not be an investment and chasing ever-increasing property values as a society is obviously unsustainable. If you own a house as your primary residence, then its market value shouldn't really matter, because the value has no impact on your quality of life.
- Sleaker 2y agoBut it is valued based on its impact to your quality of life.
- bachmeier 2y agoIf you buy a house and it appreciates 40%, you can borrow against that equity. You've got a heck of a cushion in the case of any negative event. Including losing your job.
- rangestransform 2y agoLetting a majority of voters benefit from their home equity was a colossal mistake that will harm society for ages to come