We are all born with a short position on housing https://twitter.com/ctbeiser/status/1110810350109089792 …
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Example: I grew up in a single family residence in Chicago, but at no point in my life was I short that house or a similarly situated virtual house in Chicago, and neither the individual hedge on that short nor the societal policy implied by it would have helped me.
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I am a dumbass and I don't know what any of this means.
A short position means you expect prices to drop, right? So we are born... expecting housing prices to drop...? Is this an American thing? - 7 more replies
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