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by hoaw 2790 days ago
> The article is dead wrong about the economics of whether buying a house is a good investment. So much so as to be intellectually dishonest.

What part of the article is that? Because that certainly wasn't my take away. The article is about whether housing can be affordable and a good financial investment, giving large returns, at the same time. Housing as an "investment" in your life, family or security isn't what is meant.
1 comments
krn 2790 days ago
Just an example: the average price per square meter in Berlin has increased up to 4x between 2007-2018[1], and it was possible to buy a 42 m² apartment for 25k EUR in 2006[2].

[1] https://guthmann-estate.com/marketreport/real-estate-report/

[2] https://www.toytowngermany.com/forum/topic/48094-advice-on-b...

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Retric 2790 days ago
That’s a single data point. Extend that rate of growth relative to inflation for the next 10,000 years and you reach absurdity.
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