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by musingsole 1881 days ago
> more and more Americans write their rent checks to institutional investors

Homes as a wealth vehicle has been the standing wisdom for a while. That being less and less true (by virtue of requiring a higher and higher degree of wealth to even play) is scary in that there isn't an immediately obvious alternative with nearly the same odds. Also scary in that a lot (a lot a lot) of rules have been written and enshrined with the assumption of that fading wisdom.

At what point does it cross a type of pandemic level where fighting it isn't the best strategy but mitigating it and finding alternatives is the only route forward?