contrarian housing take: in order to deflate housing scarcity, we need to increase the fiscalization of housing, popularizing fractional ownership and unconventional ways to hedge against rises in housing costs that don’t discourage density.
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They were created, listed at the CME, and never traded. Same story for the vast majority of new product listings attempted. What makes for an active market is a fun thing to think about
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Tx! My recollection is that Shiller’s original idea was that they should be a product for regular folks… which would mean repackaging them as mutual funds or ETFs you could hold in a 401(k) or something. Regular folks don’t have futures accounts (for better or worse…)
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