They have doing this is Germany for years. America is blessed with plenty of land, there is no reason for housing prices to go up. It has also been one of the worst performing asset investments outside of the coasts.https://amp-theatlantic-com.cdn.ampproject.org/c/s/amp.theatlantic.com/amp/article/284049/ …
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Not only do few houses in the USA really appreciate in value, but every little thing that goes wrong is your responsibility to fix. Housing hasn’t shown a real return since 1975. https://www.philadelphiafed.org/-/media/research-and-data/publications/business-review/2010/q3/brq310_benefits-and-costs-of-homeownership.pdf …
- Još 3 druga odgovora
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Tragically since 1971 we lost our way. But we can return to sanity and building civilization further. What is cash for? Money
Is
Value
Storage
And what are homes for?
House
Is
People
Storage
Stack sats. Return to humanity. - Još 1 odgovor
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What’s keeping houses unaffordable right now is the cost of construction. Developers don’t even start to make a profit until the high 200s.
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You're overlooking zoning, minimum lot sizes, and a bunch of other stuff
- Još 1 odgovor
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Yeah, in Canada the interest on a primary residence’s mortgage ISN’T tax deductible. Changes a lot. And even then there are means tests for first-time buyers, etc. From what I hear it was the primary bulwark against the subprime crisis.
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Not averted , just delayed. Places like Toronto and Vancouver have not learned much judging by what is currently happening.
Kraj razgovora
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76.2M home owning households will disagree
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Tweet je nedostupan.
- Još 1 odgovor
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
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