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by vecinu 968 days ago
Property values should not be an investment or retirement fund, it is selfish to think so. Literally, by definition, if you think the value of YOUR home and SOME of your neighbors should increase to price others out, that is selfish.

Housing should not be an investment, period.

1 comments

I don't disagree at all. I like the idea of homes being depreciating assets. America just doesn't subscribe to that and so paying a massive up front cost, there is some expectation no one is going to actively try to destroy your property value.