Housing will never get more affordable because the majority of voters don’t want that 😕 Not a good look, merka.
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I don’t blame them. Only kind of equity that’s still open for public participation. Though not fir much longer if hedge funds have their way.
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Well ownership requires more cash outlay than renting, in equilibrium. Eg even without downpayment, principal interest taxes will be more than rent on a property. So you can always rent and invest the rest. But it’s tough when you’re not “forced to”
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