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HDThoreaun
on Dec 20, 2022
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The Homeownership Society Was a Mistake
So we agree, housing affordability and housing as an investment are incompatible. Not sure what you're arguing here?
mytailorisrich
on Dec 20, 2022
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No, I never claimed that. The opposite, actually...
Cheers.
HDThoreaun
on Dec 20, 2022
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Housing is increasing in value far faster than wages. That is what makes it an investment. If it increased in value at the same rate as wages it by definition wouldn't be investment.
mytailorisrich
on Dec 20, 2022
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No. Anything that increases in value at least with inflation is a profitable investment.
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